According to the public record, 56, Avenue Parade, Accrington is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,125 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Avenue Parade, Accrington, BB5 is located in the borough of Hyndburn within the BB5 postal district.
56, Avenue Parade, Accrington has 21 entries in the Land Registry database, most recently in September 2006 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 56 Avenue Parade Accrington as £91,041 and the rental value as £593 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 56 Avenue Parade Accrington has increased by £4,560 (5.0%) and its rental value has increased by £22 per month (3.8%).
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 56, Avenue Parade, Accrington is in very good condition we estimate a sale value of £95,593 and rental value of £623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £84,668 and a rental value of £551 per month.
If you were able to purchase this property for the estimated value of £91,041, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £447 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, 56, Avenue Parade, Accrington was last sold on 01 Sep 2006 for £118,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Avenue Parade, Accrington within a radius of 222m over the last 2 years.
The most recent example is 129, Avenue Parade, Accrington, BB5 6QA, a Leasehold house which sold for £100,000 in Jan 2024.
Read more about house prices in BB5.
Avenue Parade, Accrington, BB5 has a total of 254 addresses. According to our analysis of all the public data, 56, Avenue Parade, Accrington is the 73rd largest and the 178th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in BB5.
The closest station to 56, Avenue Parade, Accrington is Accrington station which is 700 m 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 56, Avenue Parade, Accrington, 39.7% of property is privately rented and 24.4% 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 56, Avenue Parade, Accrington, 28.2% of residents are recorded as possessing school level qualifications and 24.0% 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 56, Avenue Parade, Accrington, the average age was 40.2 and the most common age was 52.
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 56, Avenue Parade, Accrington, 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 56, Avenue Parade, Accrington, 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.