According to the public record, 376, Burnley Road, Colne is a period freehold house with 624 ft2 of internal area and sits on a 126 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Burnley Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
376, Burnley Road, Colne has 31 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated October 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 376 Burnley Road Colne as £93,500 and the rental value as £556 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 376 Burnley Road Colne has increased by £3,656 (3.9%) and its rental value has decreased by £0 per month (0.0%).
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 376, Burnley Road, Colne is in very good condition we estimate a sale value of £98,175 and rental value of £584 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,955 and a rental value of £517 per month.
If you were able to purchase this property for the estimated value of £93,500, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £460 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, 376, Burnley Road, Colne sits on a plot of 126m2.
We have plot size data on 8 out of 14 other houses in the postcode and 376, Burnley Road, Colne sits on the 4th largest plot.
According to HM Land Registry, 376, Burnley Road, Colne was last sold on 10 Feb 2022 for £106,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2022, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 376, Burnley Road, Colne within a radius of 650 metres over the last 2 years.
The most recent example is 20, Kingsley Street, Nelson, BB9 8SA, a Leasehold house which sold for £84,000 in Aug 2022.
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, 376, Burnley Road, Colne is the 193rd largest and the 126th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in BB8.
376, Burnley Road, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Oct 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 376, Burnley Road, Colne is Colne station which is 1.4 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 376, 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 376, 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 376, 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 376, 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 376, 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.