According to the public record, 31, Midland Street, Nelson is a period leasehold house with 936 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Midland Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
31, Midland Street, Nelson has a single entry in the Land Registry database from December 2011 and a single entry in the EPC database dated August 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 31 Midland Street Nelson as £86,102 and the rental value as £480 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 31 Midland Street Nelson has increased by £6,062 (7.0%) and its rental value has increased by £14 per month (2.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 31, Midland Street, Nelson is in very good condition we estimate a sale value of £90,408 and rental value of £504 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,075 and a rental value of £446 per month.
If you were able to purchase this property for the estimated value of £86,102, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £423 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 31, Midland Street, Nelson was last sold on 14 Dec 2011 for £50,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Dec 2011, the market for similar properties has risen 54.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Midland Street, Nelson within a radius of 450 metres over the last 2 years.
The most recent example is 46, Crawford Street, Nelson, BB9 7QS, a Leasehold house which sold for £73,500 in Aug 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Midland Street, Nelson, BB9 has a total of 32 addresses. According to our analysis of all the public data, 31, Midland Street, Nelson is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in BB9.
31, Midland Street, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 31, Midland Street, Nelson is Nelson station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Midland Street, Nelson, 37.9% of property is privately rented and 35.2% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 31, Midland Street, Nelson, 28.0% of residents are recorded as possessing school level qualifications and 16.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 31, Midland Street, Nelson, the average age was 34.1 and the most common age was 12.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 31, Midland Street, Nelson, 0.4% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 31, Midland Street, Nelson, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.