According to the public record, 40, Fife Street, Nelson is a period leasehold house with 882 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fife Street, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
40, Fife Street, Nelson has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated June 2018.
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 40 Fife Street Nelson as £112,531 and the rental value as £550 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 40 Fife Street Nelson has increased by £1,513 (1.3%) and its rental value has decreased by £14 per month (2.5%).
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 40, Fife Street, Nelson is in very good condition we estimate a sale value of £118,158 and rental value of £578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,654 and a rental value of £512 per month.
If you were able to purchase this property for the estimated value of £112,531, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £553 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, 40, Fife Street, Nelson was last sold on 20 Nov 2015 for £80,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has risen 39.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Fife Street, Nelson within a radius of 830 metres over the last 2 years.
The most recent example is 21, Fife Street, Nelson, BB9 6DD, a Leasehold house which sold for £110,000 in Nov 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fife Street, Barrowford, Nelson, BB9 has a total of 49 addresses. According to our analysis of all the public data, 40, Fife Street, Nelson is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in BB9.
40, Fife Street, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jun 2018.
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 40, Fife Street, Nelson is Nelson station which is 1.1 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 40, Fife Street, Nelson, 41.3% of property is privately owned outright and 31.8% 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 40, Fife Street, Nelson, 17.5% of residents are recorded as possessing school level qualifications and 37.8% 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 40, Fife Street, 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 40, Fife Street, 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 40, Fife Street, Nelson, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.