According to the public record, 53, Park Drive, Nelson is a period leasehold house with 1,517 ft2 of internal area and sits on a 1,700 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Drive, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
53, Park Drive, Nelson has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated July 2015.
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 53 Park Drive Nelson as £102,981 and the rental value as £506 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 53 Park Drive Nelson has increased by £4,731 (4.6%) and its rental value has increased by £3 per month (0.6%).
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 53, Park Drive, Nelson is in very good condition we estimate a sale value of £108,130 and rental value of £531 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £95,772 and a rental value of £471 per month.
If you were able to purchase this property for the estimated value of £102,981, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £506 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, 53, Park Drive, Nelson sits on a plot of 1700m2.
We have plot size data on 28 out of 30 other houses in the postcode and 53, Park Drive, Nelson sits on the largest plot.
According to HM Land Registry, 53, Park Drive, Nelson was last sold on 02 Oct 2015 for £76,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 45.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Park Drive, Nelson within a radius of 470 metres over the last 2 years.
The most recent example is 23, Ashford Street, Nelson, BB9 9DG, a Leasehold house which sold for £75,000 in Dec 2023.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Drive, Nelson, BB9 has a total of 30 addresses. According to our analysis of all the public data, 53, Park Drive, Nelson is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in BB9.
53, Park Drive, Nelson has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 06 Jul 2015.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 53, Park Drive, Nelson is Nelson station which is 700 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 53, Park Drive, Nelson, 38.6% of property is privately owned outright and 30.7% 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 53, Park Drive, Nelson, 28.7% of residents are recorded as possessing school level qualifications and 23.9% 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 53, Park Drive, 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 53, Park Drive, Nelson, 0.6% 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 53, Park Drive, Nelson, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.