According to the public record, 54, Clarence Street, Colne is a modern freehold house with 1,506 ft2 of internal area and sits on a 296 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Clarence Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
54, Clarence Street, Colne has a single entry in the Land Registry database from April 2017 and a single entry in the EPC database dated April 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 54 Clarence Street Colne as £189,931 and the rental value as £837 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 54 Clarence Street Colne has increased by £3,174 (1.7%) and its rental value has decreased by £18 per month (2.2%).
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 54, Clarence Street, Colne is in very good condition we estimate a sale value of £199,428 and rental value of £879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £176,636 and a rental value of £778 per month.
If you were able to purchase this property for the estimated value of £189,931, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £933 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, 54, Clarence Street, Colne sits on a plot of 296m2.
We have plot size data on 20 out of 54 other houses in the postcode and 54, Clarence Street, Colne sits on the largest plot.
According to HM Land Registry, 54, Clarence Street, Colne was last sold on 21 Apr 2017 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2017, the market for similar properties has risen 29.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Clarence Street, Colne within a radius of 670 metres over the last 2 years.
The most recent example is 225, Keighley Road, Colne, BB8 7HA, a Leasehold house which sold for £152,000 in Oct 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarence Street, Colne, BB8 has a total of 56 addresses. According to our analysis of all the public data, 54, Clarence Street, Colne is the largest and the most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in BB8.
54, Clarence Street, Colne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 54, Clarence Street, Colne is Colne station which is 1.9 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 54, Clarence Street, Colne, 39.2% of property is privately owned with a mortgage and 37.3% is privately owned outright.
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 54, Clarence Street, Colne, 17.2% of residents are recorded as possessing school level qualifications and 30.1% 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 54, Clarence Street, Colne, the average age was 45.1 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 54, Clarence 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 54, Clarence Street, Colne, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.