According to the public record, 5, Carr Head, Colne is a period leasehold house with 742 ft2 of internal area and sits on a 10,382 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Carr Head, Trawden, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
5, Carr Head, Colne has 31 entries in the Land Registry database, most recently in January 2017 and a single entry in the EPC database dated November 2014.
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 Carr Head Colne as £127,944 and the rental value as £661 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 5 Carr Head Colne has increased by £4,435 (3.5%) and its rental value has decreased by £2 per month (0.4%).
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, Carr Head, Colne is in very good condition we estimate a sale value of £134,342 and rental value of £694 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,988 and a rental value of £614 per month.
If you were able to purchase this property for the estimated value of £127,944, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £629 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, Carr Head, Colne sits on a plot of 10382m2.
We have plot size data on 11 out of 11 other houses in the postcode and 5, Carr Head, Colne sits on the largest plot.
According to HM Land Registry, 5, Carr Head, Colne was last sold on 27 Jan 2017 for £103,500 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Jan 2017, the market for similar properties has risen 35.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Carr Head, Colne within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 2, Carr Head, Colne, BB8 8SG, a Leasehold house which sold for £117,500 in Jul 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carr Head, Trawden, Colne, BB8 has a total of 11 addresses. According to our analysis of all the public data, 5, Carr Head, Colne is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £42k less expensive than the average property in BB8.
5, Carr Head, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2014.
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, Carr Head, Colne is Colne station which is 3.3 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, Carr Head, Colne, 47.7% of property is privately owned outright and 34.4% 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, Carr Head, Colne, 17.7% of residents are recorded as possessing school level qualifications and 28.1% 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, Carr Head, 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, Carr Head, Colne, 2.0% 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, Carr Head, 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.