According to the public record, 42, Park Avenue, Nelson is a period leasehold house with 2,927 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Park Avenue, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
42, Park Avenue, Nelson has 31 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated March 2021.
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 Park Avenue Nelson as £275,682 and the rental value as £972 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 42 Park Avenue Nelson has increased by £3,422 (1.2%) and its rental value has decreased by £26 per month (2.6%).
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, Park Avenue, Nelson is in very good condition we estimate a sale value of £289,466 and rental value of £1,021 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,384 and a rental value of £904 per month.
If you were able to purchase this property for the estimated value of £275,682, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,355 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, 42, Park Avenue, Nelson was last sold on 25 Aug 2021 for £225,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Aug 2021, the market for similar properties has risen 7.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 730 metres radius of 42, Park Avenue, Nelson over the last 2 years.
The most recent example is 6, Carr Hall Road, Nelson, BB9 6BX, a Leasehold house which sold for £178,000 in Dec 2017.
Read more about house prices in BB9.
Park Avenue, Barrowford, Nelson, BB9 has a total of 26 addresses. According to our analysis of all the public data, 42, Park Avenue, Nelson is the largest and the 7th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in BB9.
42, Park Avenue, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Mar 2021.
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, Park Avenue, Nelson is Nelson station which is 1.0 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, Park Avenue, 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 42, Park Avenue, 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 42, Park Avenue, 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 42, Park Avenue, 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 42, Park Avenue, 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.