According to the public record, 43, Fern Street, Colne is a mid-century house with 1,022 ft2 of internal area and sits on a 548 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fern Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
43, Fern Street, Colne has no records in the Land Registry database and a single entry in the EPC database dated December 2022.
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 43 Fern Street Colne as £118,944 and the rental value as £644 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 43 Fern Street Colne has increased by £6,011 (5.1%) and its rental value has increased by £7 per month (1.1%).
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, Fern Street, Colne is in very good condition we estimate a sale value of £124,891 and rental value of £676 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,618 and a rental value of £599 per month.
If you were able to purchase this property for the estimated value of £118,944, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £585 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, Fern Street, Colne sits on a plot of 548m2.
We have plot size data on 9 out of 12 other houses in the postcode and 43, Fern Street, Colne sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Fern Street, Colne within a radius of 540 metres over the last 2 years.
The most recent example is 78, Fern Street, Colne, BB8 0QZ, a Freehold house which sold for £105,000 in May 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fern Street, Colne, BB8 has a total of 77 addresses. According to our analysis of all the public data, 43, Fern Street, Colne is the largest and the most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in BB8.
43, Fern Street, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2022.
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, Fern Street, Colne is Colne station which is 1.8 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, Fern Street, Colne, 63.3% of property is socially rented and 16.2% 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 43, Fern Street, Colne, 10.7% of residents are recorded as possessing school level qualifications and 16.8% 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 43, Fern Street, Colne, the average age was 43.8 and the most common age was 62.
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, Fern 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 43, Fern Street, Colne, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.