According to the public record, 32, Higher Reedley Road, Nelson is a period freehold house with 2,507 ft2 of internal area and sits on a 2,301 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Higher Reedley Road, Brierfield, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
32, Higher Reedley Road, Nelson has a single entry in the Land Registry database from April 2019 and a single entry in the EPC database dated July 2014.
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 Higher Reedley Road Nelson as £259,965 and the rental value as £940 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 32 Higher Reedley Road Nelson has increased by £3,524 (1.4%) and its rental value has decreased by £24 per month (2.5%).
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, Higher Reedley Road, Nelson is in very good condition we estimate a sale value of £272,964 and rental value of £987 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,768 and a rental value of £875 per month.
If you were able to purchase this property for the estimated value of £259,965, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,278 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, Higher Reedley Road, Nelson sits on a plot of 2301m2.
We have plot size data on 11 out of 18 other houses in the postcode and 32, Higher Reedley Road, Nelson sits on the 3rd largest plot.
According to HM Land Registry, 32, Higher Reedley Road, Nelson was last sold on 26 Apr 2019 for £545,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2019, the market for similar properties has risen 27.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 32, Higher Reedley Road, Nelson within a radius of 690 metres over the last 2 years.
The most recent example is 30, Walverden Road, Nelson, BB9 0PH, a Leasehold house which sold for £165,000 in Dec 2020.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Higher Reedley Road, Brierfield, Nelson, BB9 has a total of 101 addresses. According to our analysis of all the public data, 32, Higher Reedley Road, Nelson is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in BB9.
32, Higher Reedley Road, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Jul 2014.
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, Higher Reedley Road, Nelson is Brierfield 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 32, Higher Reedley Road, Nelson, 44.2% of property is privately owned with a mortgage and 42.8% 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 32, Higher Reedley Road, Nelson, 20.3% of residents are recorded as possessing school level qualifications and 35.7% 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, Higher Reedley Road, Nelson, the average age was 37.7 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 32, Higher Reedley Road, Nelson, 0.8% 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, Higher Reedley Road, Nelson, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.