According to the public record, 32, Bankhouse Street, Nelson is a period freehold house with 850 ft2 of internal area and sits on a 69.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bankhouse Street, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
32, Bankhouse Street, Nelson has 21 entries in the Land Registry database, most recently in November 2015 and a single entry in the EPC database dated August 2015.
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 32 Bankhouse Street Nelson as £132,748 and the rental value as £577 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 32 Bankhouse Street Nelson has increased by £3,037 (2.3%) and its rental value has decreased by £9 per month (1.6%).
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 32, Bankhouse Street, Nelson is in very good condition we estimate a sale value of £139,386 and rental value of £605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,456 and a rental value of £536 per month.
If you were able to purchase this property for the estimated value of £132,748, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £652 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, 32, Bankhouse Street, Nelson sits on a plot of 69m2.
We have plot size data on 18 out of 29 other houses in the postcode and 32, Bankhouse Street, Nelson sits on the 12th largest plot.
According to HM Land Registry, 32, Bankhouse Street, Nelson was last sold on 13 Nov 2015 for £119,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2015, the market for similar properties has risen 40.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Bankhouse Street, Nelson within a radius of 960 metres over the last 2 years.
The most recent example is 7, Bankhouse Street, Nelson, BB9 6HY, a Freehold house which sold for £117,500 in Jul 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bankhouse Street, Barrowford, Nelson, BB9 has a total of 33 addresses. According to our analysis of all the public data, 32, Bankhouse Street, Nelson is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £831 more expensive than the average property in BB9.
32, Bankhouse Street, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2015.
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 32, Bankhouse Street, Nelson is Colne station which is 2.1 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 32, Bankhouse Street, Nelson, 37.5% of property is privately owned outright and 35.8% is privately owned with a mortgage.
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 32, Bankhouse Street, Nelson, 13.2% of residents are recorded as possessing school level qualifications and 36.9% 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 32, Bankhouse Street, Nelson, the average age was 46.1 and the most common age was 57.
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 32, Bankhouse Street, Nelson, 1.6% 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 32, Bankhouse Street, Nelson, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.