According to the public record, 5, Albert Street, Nelson is a modern house with 1,097 ft2 of internal area and sits on a 298 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Albert Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
5, Albert Street, Nelson has no records in the Land Registry database and a single entry in the EPC database dated June 2012.
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 5 Albert Street Nelson as £84,638 and the rental value as £447 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 5 Albert Street Nelson has increased by £5,805 (6.9%) and its rental value has increased by £12 per month (2.8%).
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 5, Albert Street, Nelson is in very good condition we estimate a sale value of £88,870 and rental value of £469 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £78,714 and a rental value of £415 per month.
If you were able to purchase this property for the estimated value of £84,638, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £416 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, 5, Albert Street, Nelson sits on a plot of 298m2.
We have plot size data on 12 out of 26 other houses in the postcode and 5, Albert Street, Nelson 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 5, Albert Street, Nelson within a radius of 460 metres over the last 2 years.
The most recent example is 33, St. Marys Street, Nelson, BB9 7AT, a Leasehold house which sold for £32,000 in Aug 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Street, Nelson, BB9 has a total of 37 addresses. According to our analysis of all the public data, 5, Albert Street, Nelson is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in BB9.
5, Albert Street, Nelson has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Jun 2012.
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 5, Albert Street, Nelson is Nelson 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 5, Albert Street, Nelson, 41.3% of property is privately rented and 25.0% is privately owned outright.
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 5, Albert Street, Nelson, 34.6% of residents are recorded as possessing school level qualifications and 19.9% 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 5, Albert Street, Nelson, the average age was 32.4 and the most common age was 12.
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 5, Albert Street, Nelson, 0.2% 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 5, Albert Street, Nelson, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.