According to the public record, 32, Thomas Street, Colne is a period leasehold house with 1,087 ft2 of internal area and sits on a 77.4 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Thomas Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
32, Thomas Street, Colne has a single entry in the Land Registry database from January 2010 and a single entry in the EPC database dated November 2022.
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 Thomas Street Colne as £100,240 and the rental value as £531 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 32 Thomas Street Colne has increased by £6,797 (6.8%) and its rental value has increased by £15 per month (2.8%).
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, Thomas Street, Colne is in very good condition we estimate a sale value of £105,252 and rental value of £557 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £93,223 and a rental value of £494 per month.
If you were able to purchase this property for the estimated value of £100,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £493 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, Thomas Street, Colne sits on a plot of 77m2.
We have plot size data on 9 out of 9 other houses in the postcode and 32, Thomas Street, Colne sits on the 2nd largest plot.
According to HM Land Registry, 32, Thomas Street, Colne was last sold on 11 Jan 2010 for £34,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jan 2010, the market for similar properties has risen 44.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Thomas Street, Colne within a radius of 640 metres over the last 2 years.
The most recent example is 12, Sutherland Street, Colne, BB8 0DB, a Leasehold house which sold for £77,000 in Oct 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thomas Street, Colne, BB8 has a total of 15 addresses. According to our analysis of all the public data, 32, Thomas Street, Colne is the largest and the most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in BB8.
32, Thomas Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2022.
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, Thomas Street, Colne is Colne station which is 300 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 32, Thomas Street, Colne, 35.3% of property is socially rented and 29.4% 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 32, Thomas Street, Colne, 22.9% of residents are recorded as possessing school level qualifications and 20.9% 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, Thomas Street, 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 32, Thomas Street, Colne, 0.5% 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, Thomas Street, Colne, 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.