According to the public record, 5, Raikes Wood Close, Barnoldswick is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 935 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Raikes Wood Close, Barnoldswick, BB18 is located in the borough of Pendle within the BB18 postal district.
5, Raikes Wood Close, Barnoldswick has a single entry in the Land Registry database from August 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 5 Raikes Wood Close Barnoldswick as £243,293 and the rental value as £921 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 5 Raikes Wood Close Barnoldswick has increased by £12,306 (5.1%) and its rental value has increased by £7 per month (0.7%).
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, Raikes Wood Close, Barnoldswick is in very good condition we estimate a sale value of £255,458 and rental value of £967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,263 and a rental value of £857 per month.
If you were able to purchase this property for the estimated value of £243,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,196 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 HM Land Registry, 5, Raikes Wood Close, Barnoldswick was last sold on 30 Aug 2019 for £184,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has risen 28.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Raikes Wood Close, Barnoldswick within a radius of 570 metres over the last 2 years.
The most recent example is 7, Raikes Wood Close, Barnoldswick, BB18 6FH, a Freehold house which sold for £203,500 in May 2024.
Read more about house prices in BB18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raikes Wood Close, Barnoldswick, BB18 has a total of 12 addresses. According to our analysis of all the public data, 5, Raikes Wood Close, Barnoldswick is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in BB18.
The closest station to 5, Raikes Wood Close, Barnoldswick is Colne station which is 6.8 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, Raikes Wood Close, Barnoldswick, 42.7% of property is privately owned outright and 35.7% 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 5, Raikes Wood Close, Barnoldswick, 13.9% of residents are recorded as possessing school level qualifications and 23.6% 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, Raikes Wood Close, Barnoldswick, the average age was 43.1 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, Raikes Wood Close, Barnoldswick, 0.8% 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, Raikes Wood Close, Barnoldswick, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.