According to the public record, 40, Selby Street, Colne is a period freehold house with 742 ft2 of internal area and sits on a 77.6 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Selby Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
40, Selby Street, Colne has 31 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated October 2020.
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 Selby Street Colne as £161,158 and the rental value as £698 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 40 Selby Street Colne has increased by £7,670 (4.8%) and its rental value has increased by £6 per month (0.8%).
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, Selby Street, Colne is in very good condition we estimate a sale value of £169,216 and rental value of £733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,877 and a rental value of £650 per month.
If you were able to purchase this property for the estimated value of £161,158, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £792 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, 40, Selby Street, Colne sits on a plot of 78m2.
We have plot size data on 22 out of 26 other houses in the postcode and 40, Selby Street, Colne sits on the 20th largest plot.
According to HM Land Registry, 40, Selby Street, Colne was last sold on 23 Apr 2021 for £125,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Selby Street, Colne within a radius of 560 metres over the last 2 years.
The most recent example is 32, Selby Street, Colne, BB8 9QD, a Leasehold house which sold for £90,000 in Dec 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Selby Street, Colne, BB8 has a total of 26 addresses. According to our analysis of all the public data, 40, Selby Street, Colne is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in BB8.
40, Selby Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Oct 2020.
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, Selby Street, Colne is Colne station which is 400 metres 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, Selby Street, Colne, 43.1% of property is privately owned outright and 41.4% 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, Selby Street, Colne, 15.0% 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 40, Selby Street, 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 40, Selby Street, 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 40, Selby Street, Colne, 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.