According to the public record, 425, Burnley Road, Colne is a period house with 1,044 ft2 of internal area and sits on a 94.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Burnley Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
425, Burnley Road, Colne has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2023.
We combine this information with public data 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 425 Burnley Road Colne as £113,945 and the rental value as £613 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 425 Burnley Road Colne has increased by £2,989 (2.6%) and its rental value has decreased by £8 per month (1.3%).
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 425, Burnley Road, Colne is in very good condition we estimate a sale value of £119,643 and rental value of £643 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,969 and a rental value of £570 per month.
If you were able to purchase this property for the estimated value of £113,945, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £560 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, 425, Burnley Road, Colne sits on a plot of 95m2.
We have plot size data on 15 out of 32 other houses in the postcode and 425, Burnley Road, Colne sits on the 10th largest plot.
According to HM Land Registry, 425, Burnley Road, Colne was last sold on 31 Mar 2005 for £65,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 425, Burnley Road, Colne within a radius of 730 metres over the last 2 years.
The most recent example is 457, Burnley Road, Colne, BB8 8LA, a Leasehold house which sold for £104,000 in Dec 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burnley Road, Colne, BB8 has a total of 198 addresses. According to our analysis of all the public data, 425, Burnley Road, Colne is the 106th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in BB8.
425, Burnley Road, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Mar 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 425, Burnley Road, Colne is Colne station which is 1.3 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 425, Burnley Road, Colne, 52.0% of property is privately owned outright and 29.6% 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 425, Burnley Road, Colne, 7.8% of residents are recorded as possessing school level qualifications and 22.9% 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 425, Burnley Road, 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 425, Burnley Road, Colne, 0.7% 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 425, Burnley Road, Colne, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.