According to the public record, 34, Alkincoats Road, Colne is a modern leasehold house with 1,280 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Alkincoats Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
34, Alkincoats Road, Colne has 31 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated June 2017.
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 34 Alkincoats Road Colne as £217,729 and the rental value as £816 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 34 Alkincoats Road Colne has increased by £4,610 (2.1%) and its rental value has decreased by £14 per month (1.7%).
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 34, Alkincoats Road, Colne is in very good condition we estimate a sale value of £228,616 and rental value of £857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,488 and a rental value of £759 per month.
If you were able to purchase this property for the estimated value of £217,729, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,070 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, 34, Alkincoats Road, Colne was last sold on 09 Jul 2021 for £135,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Jul 2021, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Alkincoats Road, Colne within a radius of 620 metres over the last 2 years.
The most recent example is 22, Alkincoats Road, Colne, BB8 9QG, a Freehold house which sold for £207,500 in Nov 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alkincoats Road, Colne, BB8 has a total of 91 addresses. According to our analysis of all the public data, 34, Alkincoats Road, Colne is the 38th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in BB8.
34, Alkincoats Road, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jun 2017.
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 34, Alkincoats Road, 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 34, Alkincoats Road, Colne, 50.8% of property is privately owned outright and 35.1% 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 34, Alkincoats Road, Colne, 13.3% of residents are recorded as possessing school level qualifications and 35.9% 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 34, Alkincoats Road, Colne, the average age was 43.8 and the most common age was 62.
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 34, Alkincoats Road, Colne, 1.4% 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 34, Alkincoats Road, Colne, 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.