According to the public record, 50, Walton Lane, Nelson is a period leasehold house with 871 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Walton Lane, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
50, Walton Lane, Nelson has a single entry in the Land Registry database from January 2018 and a single entry in the EPC database dated November 2017.
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 50 Walton Lane Nelson as £104,542 and the rental value as £539 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 50 Walton Lane Nelson has increased by £5,599 (5.4%) and its rental value has increased by £7 per month (1.3%).
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 50, Walton Lane, Nelson is in very good condition we estimate a sale value of £109,770 and rental value of £566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,224 and a rental value of £501 per month.
If you were able to purchase this property for the estimated value of £104,542, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £514 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, 50, Walton Lane, Nelson was last sold on 16 Jan 2018 for £62,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jan 2018, the market for similar properties has risen 41.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Walton Lane, Nelson within a radius of 490 metres over the last 2 years.
The most recent example is 26, Walton Lane, Nelson, BB9 8HT, a Leasehold house which sold for £123,000 in Oct 2022.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walton Lane, Nelson, BB9 has a total of 125 addresses. According to our analysis of all the public data, 50, Walton Lane, Nelson is the 107th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in BB9.
50, Walton Lane, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Nov 2017.
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 50, Walton Lane, Nelson is Nelson 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 50, Walton Lane, Nelson, 35.9% of property is privately owned with a mortgage and 35.2% 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 50, Walton Lane, Nelson, 24.6% of residents are recorded as possessing school level qualifications and 14.4% 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 50, Walton Lane, Nelson, the average age was 34.7 and the most common age was 12.
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 50, Walton Lane, Nelson, 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 50, Walton Lane, Nelson, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.