According to the public record, 41, Earl Street, Colne is a period leasehold house with 882 ft2 of internal area and sits on a 800 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Earl Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
41, Earl Street, Colne has 31 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated May 2012.
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 41 Earl Street Colne as £80,673 and the rental value as £458 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 41 Earl Street Colne has increased by £5,561 (6.9%) and its rental value has increased by £13 per month (2.9%).
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 41, Earl Street, Colne is in very good condition we estimate a sale value of £84,707 and rental value of £481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,026 and a rental value of £426 per month.
If you were able to purchase this property for the estimated value of £80,673, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £396 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, 41, Earl Street, Colne sits on a plot of 800m2.
We have plot size data on 40 out of 42 other houses in the postcode and 41, Earl Street, Colne sits on the largest plot.
According to HM Land Registry, 41, Earl Street, Colne was last sold on 17 May 2021 for £79,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Earl Street, Colne within a radius of 500 metres over the last 2 years.
The most recent example is 50, Duke Street, Colne, BB8 0SU, a Freehold house which sold for £100,000 in Aug 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Earl Street, Colne, BB8 has a total of 42 addresses. According to our analysis of all the public data, 41, Earl Street, Colne is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in BB8.
41, Earl Street, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 May 2012.
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 41, Earl Street, Colne is Colne station which is 600 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 41, Earl Street, Colne, 32.8% of property is socially rented and 27.6% 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 41, Earl Street, Colne, 30.2% of residents are recorded as possessing school level qualifications and 24.4% 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 41, Earl Street, Colne, the average age was 39.9 and the most common age was 32.
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 41, Earl 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 41, Earl Street, 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.