According to the public record, 47, Windermere Avenue, Colne is a modern freehold house with 796 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Windermere Avenue, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
47, Windermere Avenue, Colne has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated June 2022.
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 good condition, we estimate the current sale value for 47 Windermere Avenue Colne as £233,396 and the rental value as £925 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 47 Windermere Avenue Colne has increased by £5,370 (2.3%) and its rental value has decreased by £14 per month (1.5%).
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 47, Windermere Avenue, Colne is in very good condition we estimate a sale value of £245,066 and rental value of £971 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,058 and a rental value of £860 per month.
If you were able to purchase this property for the estimated value of £233,396, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,147 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, 47, Windermere Avenue, Colne was last sold on 22 Jul 2022 for £219,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Windermere Avenue, Colne within a radius of 730 metres over the last 2 years.
The most recent example is 31, Windermere Avenue, Colne, BB8 7AP, a Freehold house which sold for £200,000 in Dec 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Windermere Avenue, Colne, BB8 has a total of 51 addresses. According to our analysis of all the public data, 47, Windermere Avenue, Colne is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in BB8.
47, Windermere Avenue, Colne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 47, Windermere Avenue, Colne is Colne station which is 2.2 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 47, Windermere Avenue, Colne, 53.7% of property is privately owned outright and 32.2% 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 47, Windermere Avenue, Colne, 10.5% of residents are recorded as possessing school level qualifications and 32.5% 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 47, Windermere Avenue, 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 47, Windermere Avenue, Colne, 1.8% 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 47, Windermere Avenue, Colne, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.