According to the public record, 43, Belmont Terrace, Colne is a period freehold house with 828 ft2 of internal area and sits on a 55.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Belmont Terrace, Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
43, Belmont Terrace, Colne has 3 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated September 2014.
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 43 Belmont Terrace Colne as £128,167 and the rental value as £677 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 43 Belmont Terrace Colne has increased by £2,269 (1.8%) and its rental value has decreased by £14 per month (2.1%).
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 43, Belmont Terrace, Colne is in very good condition we estimate a sale value of £134,576 and rental value of £711 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,196 and a rental value of £630 per month.
If you were able to purchase this property for the estimated value of £128,167, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £630 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, 43, Belmont Terrace, Colne sits on a plot of 56m2.
We have plot size data on 9 out of 9 other houses in the postcode and 43, Belmont Terrace, Colne sits on the 6th largest plot.
According to HM Land Registry, 43, Belmont Terrace, Colne was last sold on 18 Nov 2022 for £134,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Belmont Terrace, Colne within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 39, Station Road, Colne, BB8 7LB, a Leasehold house which sold for £122,500 in Mar 2024.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belmont Terrace, Foulridge, Colne, BB8 has a total of 9 addresses. According to our analysis of all the public data, 43, Belmont Terrace, Colne is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in BB8.
43, Belmont Terrace, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2014.
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 43, Belmont Terrace, Colne is Colne station which is 2.5 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 43, Belmont Terrace, Colne, 32.8% of property is privately owned outright and 29.1% 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 43, Belmont Terrace, Colne, 12.5% of residents are recorded as possessing school level qualifications and 31.0% 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 43, Belmont Terrace, 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 43, Belmont Terrace, 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 43, Belmont Terrace, Colne, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.