According to the public record, 5, New Oxford Street, Colne is a period leasehold house with 699 ft2 of internal area and sits on a 81.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
New Oxford Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
5, New Oxford Street, Colne has 41 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated November 2013.
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 New Oxford Street Colne as £105,841 and the rental value as £610 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 5 New Oxford Street Colne has increased by £7,144 (6.8%) and its rental value has increased by £17 per month (2.7%).
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, New Oxford Street, Colne is in very good condition we estimate a sale value of £111,133 and rental value of £640 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £98,432 and a rental value of £567 per month.
If you were able to purchase this property for the estimated value of £105,841, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £520 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, New Oxford Street, Colne sits on a plot of 82m2.
We have plot size data on 21 out of 24 other houses in the postcode and 5, New Oxford Street, Colne sits on the 18th largest plot.
According to HM Land Registry, 5, New Oxford Street, Colne was last sold on 18 May 2022 for £86,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since May 2022, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, New Oxford Street, Colne within a radius of 450 metres over the last 2 years.
The most recent example is 13, New Oxford Street, Colne, BB8 9LQ, a Leasehold house which sold for £87,000 in Nov 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Oxford Street, Colne, BB8 has a total of 24 addresses. According to our analysis of all the public data, 5, New Oxford Street, Colne is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in BB8.
5, New Oxford Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2013.
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, New Oxford Street, Colne is Colne station which is 1.3 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, New Oxford Street, Colne, 36.4% of property is privately owned with a mortgage and 31.4% is privately rented.
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, New Oxford Street, Colne, 22.4% of residents are recorded as possessing school level qualifications and 17.8% 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, New Oxford Street, 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 5, New Oxford Street, Colne, 0.0% 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, New Oxford Street, Colne, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.