According to the public record, 5, Wackersall Road, Colne is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 777 ft2 of internal area and sits on a 661 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Wackersall Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
5, Wackersall Road, Colne has a single entry in the Land Registry database from August 2008 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 reasonable condition, we estimate the current sale value for 5 Wackersall Road Colne as £138,936 and the rental value as £680 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 5 Wackersall Road Colne has increased by £5,433 (3.9%) and its rental value has decreased by £0 per month (0.0%).
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, Wackersall Road, Colne is in very good condition we estimate a sale value of £145,883 and rental value of £714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,210 and a rental value of £632 per month.
If you were able to purchase this property for the estimated value of £138,936, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £683 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, Wackersall Road, Colne sits on a plot of 661m2.
We have plot size data on 7 out of 7 other houses in the postcode and 5, Wackersall Road, Colne sits on the largest plot.
According to HM Land Registry, 5, Wackersall Road, Colne was last sold on 15 Aug 2008 for £75,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Aug 2008, the market for similar properties has risen 39.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Wackersall Road, Colne within a radius of 810 metres over the last 2 years.
The most recent example is 33, Penrith Road, Colne, BB8 8JW, a Leasehold house which sold for £133,000 in Nov 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wackersall Road, Colne, BB8 has a total of 9 addresses. According to our analysis of all the public data, 5, Wackersall Road, Colne is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in BB8.
The closest station to 5, Wackersall Road, Colne is Colne station which is 600 metres 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, Wackersall Road, Colne, 39.2% of property is privately owned outright and 30.9% 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, Wackersall Road, Colne, 19.7% of residents are recorded as possessing school level qualifications and 21.7% 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, Wackersall Road, Colne, the average age was 39.9 and the most common age was 32.
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, Wackersall Road, 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, Wackersall Road, 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.