According to the public record, 4, Park Avenue, Nelson is a mid-century freehold house with 2,066 ft2 of internal area and sits on a 799 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Park Avenue, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
4, Park Avenue, Nelson has 2 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated March 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 4 Park Avenue Nelson as £387,969 and the rental value as £1,330 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 4 Park Avenue Nelson has increased by £4,816 (1.2%) and its rental value has decreased by £35 per month (2.6%).
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, Park Avenue, Nelson is in very good condition we estimate a sale value of £407,367 and rental value of £1,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,811 and a rental value of £1,237 per month.
If you were able to purchase this property for the estimated value of £387,969, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,907 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, Park Avenue, Nelson sits on a plot of 799m2.
We have plot size data on 6 out of 7 other houses in the postcode and 4, Park Avenue, Nelson sits on the largest plot.
According to HM Land Registry, 4, Park Avenue, Nelson was last sold on 26 Nov 2014 for £185,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2014, the market for similar properties has risen 46.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Park Avenue, Nelson within a radius of 730 metres over the last 2 years.
The most recent example is 3, North Park Avenue, Nelson, BB9 6DW, a Freehold house which sold for £310,000 in Jan 2021.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Barrowford, Nelson, BB9 has a total of 26 addresses. According to our analysis of all the public data, 4, Park Avenue, Nelson is the 5th largest and the most expensive property on the street.
When compared to the postcode district it is £256k more expensive than the average property in BB9.
4, Park Avenue, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Mar 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 4, Park Avenue, Nelson is Nelson station which is 1.0 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, Park Avenue, Nelson, 43.7% of property is privately owned outright and 28.6% 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, Park Avenue, Nelson, 25.2% of residents are recorded as possessing school level qualifications and 30.6% 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 4, Park Avenue, 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, Park Avenue, Nelson, 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 4, Park Avenue, Nelson, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.