According to the public record, 4, Cairns Close, Nelson is a modern freehold house with 2,045 ft2 of internal area and sits on a 815 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Cairns Close, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
4, Cairns Close, Nelson has 31 entries in the Land Registry database, most recently in February 2017 and a single entry in the EPC database dated May 2016.
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 4 Cairns Close Nelson as £498,525 and the rental value as £1,709 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 4 Cairns Close Nelson has increased by £6,024 (1.2%) and its rental value has decreased by £45 per month (2.7%).
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 4, Cairns Close, Nelson is in very good condition we estimate a sale value of £523,451 and rental value of £1,795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,628 and a rental value of £1,590 per month.
If you were able to purchase this property for the estimated value of £498,525, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,450 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, 4, Cairns Close, Nelson sits on a plot of 815m2.
We have plot size data on 3 out of 5 other houses in the postcode and 4, Cairns Close, Nelson sits on the 2nd largest plot.
According to HM Land Registry, 4, Cairns Close, Nelson was last sold on 16 Feb 2017 for £370,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2017, the market for similar properties has risen 33.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Cairns Close, Nelson within a radius of 910 metres over the last 2 years.
The most recent example is 4, St. Thomas Close, Nelson, BB9 6BW, a Freehold house which sold for £395,000 in Apr 2020.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cairns Close, Barrowford, Nelson, BB9 has a total of 5 addresses. According to our analysis of all the public data, 4, Cairns Close, Nelson is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £367k more expensive than the average property in BB9.
4, Cairns Close, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2016.
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 4, Cairns Close, Nelson is Nelson station which is 1.8 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 4, Cairns Close, Nelson, 53.2% of property is privately owned outright and 29.1% 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 4, Cairns Close, Nelson, 14.5% of residents are recorded as possessing school level qualifications and 46.1% 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 4, Cairns Close, 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 4, Cairns Close, Nelson, 2.3% 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 4, Cairns Close, Nelson, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.