According to the public record, 48, Skipton Road, Colne is a period leasehold house with 785 ft2 of internal area and sits on a 94.8 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Skipton Road, Trawden, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
48, Skipton Road, Colne has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated May 2021.
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 48 Skipton Road Colne as £123,833 and the rental value as £656 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 48 Skipton Road Colne has increased by £6,023 (4.9%) and its rental value has increased by £6 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 48, Skipton Road, Colne is in very good condition we estimate a sale value of £130,024 and rental value of £689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £115,164 and a rental value of £610 per month.
If you were able to purchase this property for the estimated value of £123,833, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £609 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, 48, Skipton Road, Colne sits on a plot of 95m2.
We have plot size data on 22 out of 30 other houses in the postcode and 48, Skipton Road, Colne sits on the 12th largest plot.
According to HM Land Registry, 48, Skipton Road, Colne was last sold on 15 Jun 2022 for £122,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Skipton Road, Colne within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 7, Hall Meadows, Colne, BB8 8RJ, a Freehold house which sold for £89,950 in Jan 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Skipton Road, Trawden, Colne, BB8 has a total of 68 addresses. According to our analysis of all the public data, 48, Skipton Road, Colne is the 56th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in BB8.
48, Skipton Road, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 May 2021.
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 48, Skipton Road, Colne is Colne station which is 3.0 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 48, Skipton Road, Colne, 50.3% of property is privately owned outright and 36.7% 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 48, Skipton Road, Colne, 14.1% of residents are recorded as possessing school level qualifications and 33.8% 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 48, Skipton Road, 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 48, Skipton Road, Colne, 4.2% 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 48, Skipton 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.