According to the public record, 5, Rutland Street, Colne is a period freehold house with 803 ft2 of internal area and sits on a 75.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rutland Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
5, Rutland Street, Colne has 41 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated August 2009.
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 Rutland Street Colne as £98,893 and the rental value as £576 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 5 Rutland Street Colne has increased by £4,997 (5.1%) and its rental value has increased by £6 per month (1.1%).
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, Rutland Street, Colne is in very good condition we estimate a sale value of £103,837 and rental value of £604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,970 and a rental value of £535 per month.
If you were able to purchase this property for the estimated value of £98,893, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £486 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, Rutland Street, Colne sits on a plot of 76m2.
We have plot size data on 1 out of 30 other houses in the postcode and 5, Rutland Street, Colne sits on the largest plot.
According to HM Land Registry, 5, Rutland Street, Colne was last sold on 11 Apr 2014 for £83,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2014, the market for similar properties has risen 47.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Rutland Street, Colne within a radius of 500 metres over the last 2 years.
The most recent example is 4, Dudley Street, Colne, BB8 0QW, a Leasehold house which sold for £117,000 in Nov 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rutland Street, Colne, BB8 has a total of 30 addresses. According to our analysis of all the public data, 5, Rutland Street, Colne is the 29th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in BB8.
5, Rutland Street, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Aug 2009.
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, Rutland Street, Colne is Colne station which is 1.5 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, Rutland Street, Colne, 31.2% of property is socially rented and 31.2% 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, Rutland Street, Colne, 19.3% of residents are recorded as possessing school level qualifications and 19.7% 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, Rutland 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, Rutland Street, Colne, 0.9% 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, Rutland Street, Colne, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.