According to the public record, 5, Ball Grove Drive, Colne is a modern freehold house with 1,237 ft2 of internal area and sits on a 556 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ball Grove Drive, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
5, Ball Grove Drive, Colne has 21 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated October 2020.
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 5 Ball Grove Drive Colne as £373,372 and the rental value as £1,295 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 5 Ball Grove Drive Colne has increased by £6,097 (1.6%) and its rental value has decreased by £26 per month (2.0%).
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, Ball Grove Drive, Colne is in very good condition we estimate a sale value of £392,040 and rental value of £1,360 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,236 and a rental value of £1,204 per month.
If you were able to purchase this property for the estimated value of £373,372, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,835 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, Ball Grove Drive, Colne sits on a plot of 556m2.
We have plot size data on 9 out of 25 other houses in the postcode and 5, Ball Grove Drive, Colne sits on the 6th largest plot.
According to HM Land Registry, 5, Ball Grove Drive, Colne was last sold on 31 Mar 2021 for £318,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ball Grove Drive, Colne within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Sycamores, Ball Grove Drive, Colne, BB8 7HY, a Freehold house which sold for £377,500 in Jun 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ball Grove Drive, Colne, BB8 has a total of 25 addresses. According to our analysis of all the public data, 5, Ball Grove Drive, Colne is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £204k more expensive than the average property in BB8.
5, Ball Grove Drive, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2020.
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 5, Ball Grove Drive, Colne is Colne station which is 2.5 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 5, Ball Grove Drive, Colne, 63.8% of property is privately owned outright and 33.3% 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 5, Ball Grove Drive, Colne, 13.6% of residents are recorded as possessing school level qualifications and 32.8% 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 5, Ball Grove Drive, 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 5, Ball Grove Drive, Colne, 1.2% 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, Ball Grove Drive, Colne, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.