According to the public record, 316, Burnley Road, Colne is a period house with 1,205 ft2 of internal area and sits on a 664 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Burnley Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
316, Burnley Road, Colne has no records in the Land Registry database and a single entry in the EPC database dated January 2021.
We combine this information with public data 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 316 Burnley Road Colne as £122,091 and the rental value as £620 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 316 Burnley Road Colne has increased by £3,203 (2.6%) and its rental value has decreased by £8 per month (1.3%).
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 316, Burnley Road, Colne is in very good condition we estimate a sale value of £128,195 and rental value of £651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,544 and a rental value of £576 per month.
If you were able to purchase this property for the estimated value of £122,091, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £600 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 data from HM Land Registry, 316, Burnley Road, Colne sits on a plot of 664m2.
We have plot size data on 27 out of 29 other houses in the postcode and 316, Burnley Road, Colne sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 316, Burnley Road, Colne within a radius of 790 metres over the last 2 years.
The most recent example is 417, Burnley Road, Colne, BB8 8LA, a Leasehold house which sold for £107,500 in Sep 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burnley Road, Colne, BB8 has a total of 198 addresses. According to our analysis of all the public data, 316, Burnley Road, Colne is the 53rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in BB8.
316, Burnley Road, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 316, Burnley Road, Colne is Colne station which is 1.1 kilometres 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 316, Burnley Road, Colne, 42.4% of property is privately owned outright and 31.4% is privately rented.
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 316, Burnley Road, Colne, 15.8% of residents are recorded as possessing school level qualifications and 22.6% 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 316, Burnley Road, Colne, the average age was 39.9 and the most common age was 32.
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 316, Burnley Road, Colne, 0.0% 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 316, Burnley Road, Colne, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.