According to the public record, 42, Alma Road, Colne is a modern freehold house with 1,377 ft2 of internal area and sits on a 213 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Alma Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
42, Alma Road, Colne has 41 entries in the Land Registry database, most recently in April 2024 and a single entry in the EPC database dated August 2023.
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 42 Alma Road Colne as £299,183 and the rental value as £999 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 42 Alma Road Colne has increased by £4,885 (1.6%) and its rental value has decreased by £20 per month (2.0%).
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 42, Alma Road, Colne is in very good condition we estimate a sale value of £314,142 and rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,240 and a rental value of £929 per month.
If you were able to purchase this property for the estimated value of £299,183, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,470 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, 42, Alma Road, Colne sits on a plot of 213m2.
We have plot size data on 15 out of 29 other houses in the postcode and 42, Alma Road, Colne sits on the 11th largest plot.
According to HM Land Registry, 42, Alma Road, Colne was last sold on 26 Apr 2024 for £305,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2024, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Alma Road, Colne within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 2, Alma Road, Colne, BB8 7JJ, a Freehold house which sold for £243,500 in Oct 2018.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alma Road, Colne, BB8 has a total of 39 addresses. According to our analysis of all the public data, 42, Alma Road, Colne is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £129k more expensive than the average property in BB8.
42, Alma Road, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2023.
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 42, Alma Road, Colne is Colne station which is 3.4 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 42, Alma Road, Colne, 46.0% 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 42, Alma Road, Colne, 9.2% of residents are recorded as possessing school level qualifications and 36.4% 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 42, Alma Road, Colne, the average age was 45.1 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 42, Alma Road, Colne, 1.4% 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 42, Alma Road, 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.