According to the public record, 44, Alkincoats Road, Colne is a modern leasehold house with 1,087 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Alkincoats Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
44, Alkincoats Road, Colne has a single entry in the Land Registry database from July 2013 and a single entry in the EPC database dated March 2013.
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 44 Alkincoats Road Colne as £197,117 and the rental value as £779 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 44 Alkincoats Road Colne has increased by £5,795 (2.9%) and its rental value has decreased by £7 per month (0.9%).
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 44, Alkincoats Road, Colne is in very good condition we estimate a sale value of £206,973 and rental value of £818 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,319 and a rental value of £724 per month.
If you were able to purchase this property for the estimated value of £197,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £969 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, 44, Alkincoats Road, Colne was last sold on 05 Jul 2013 for £83,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jul 2013, the market for similar properties has risen 42.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Alkincoats Road, Colne within a radius of 620 metres over the last 2 years.
The most recent example is 20, Alkincoats Road, Colne, BB8 9QG, a Freehold house which sold for £208,000 in Feb 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alkincoats Road, Colne, BB8 has a total of 91 addresses. According to our analysis of all the public data, 44, Alkincoats Road, Colne is the 66th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in BB8.
44, Alkincoats Road, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Mar 2013.
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 44, Alkincoats Road, Colne is Colne station which is 300 metres 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 44, Alkincoats Road, Colne, 50.8% of property is privately owned outright and 35.1% 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 44, Alkincoats Road, Colne, 13.3% of residents are recorded as possessing school level qualifications and 35.9% 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 44, Alkincoats Road, 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 44, Alkincoats 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 44, Alkincoats Road, Colne, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.