According to the public record, 4, Stratford Way, Colne is a mid-century freehold house with 893 ft2 of internal area and sits on a 220 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Stratford Way, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
4, Stratford Way, Colne has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated January 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 Stratford Way Colne as £138,299 and the rental value as £708 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 4 Stratford Way Colne has increased by £6,989 (5.1%) and its rental value has increased by £8 per month (1.1%).
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, Stratford Way, Colne is in very good condition we estimate a sale value of £145,214 and rental value of £744 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,618 and a rental value of £659 per month.
If you were able to purchase this property for the estimated value of £138,299, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £680 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, Stratford Way, Colne sits on a plot of 220m2.
We have plot size data on 5 out of 7 other houses in the postcode and 4, Stratford Way, Colne sits on the 3rd largest plot.
According to HM Land Registry, 4, Stratford Way, Colne was last sold on 08 Jul 2022 for £135,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Stratford Way, Colne within a radius of 470 metres over the last 2 years.
The most recent example is 8, Mabel Street, Colne, BB8 0JR, a Leasehold house which sold for £85,000 in Aug 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stratford Way, Colne, BB8 has a total of 24 addresses. According to our analysis of all the public data, 4, Stratford Way, Colne is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in BB8.
4, Stratford Way, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jan 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, Stratford Way, Colne is Colne station which is 1.6 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, Stratford Way, Colne, 31.2% of property is socially rented and 31.2% 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 4, Stratford Way, Colne, 19.3% of residents are recorded as possessing school level qualifications and 19.7% 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, Stratford Way, 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 4, Stratford Way, Colne, 0.9% 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, Stratford Way, Colne, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.