According to the public record, 56, Gisburn Road, Barnoldswick is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,858 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Gisburn Road, Barnoldswick, BB18 is located in the borough of Pendle within the BB18 postal district.
56, Gisburn Road, Barnoldswick has 21 entries in the Land Registry database, most recently in August 2012 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 Gisburn Road Barnoldswick as £321,338 and the rental value as £1,073 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 56 Gisburn Road Barnoldswick has increased by £10,631 (3.3%) and its rental value has decreased by £10 per month (0.9%).
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, Gisburn Road, Barnoldswick is in very good condition we estimate a sale value of £337,405 and rental value of £1,126 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,844 and a rental value of £998 per month.
If you were able to purchase this property for the estimated value of £321,338, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,579 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, Gisburn Road, Barnoldswick was last sold on 24 Aug 2012 for £245,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2012, the market for similar properties has risen 63.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Gisburn Road, Barnoldswick within a radius of 590 metres over the last 2 years.
The most recent example is 6, Richmond Road, Barnoldswick, BB18 5JA, a Freehold house which sold for £252,000 in May 2020.
Read more about house prices in BB18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gisburn Road, Barnoldswick, BB18 has a total of 188 addresses. According to our analysis of all the public data, 56, Gisburn Road, Barnoldswick is the 11th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £131k more expensive than the average property in BB18.
The closest station to 56, Gisburn Road, Barnoldswick is Colne station which is 7.3 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 56, Gisburn Road, Barnoldswick, 36.8% of property is privately owned outright and 30.2% 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, Gisburn Road, Barnoldswick, 22.2% of residents are recorded as possessing school level qualifications and 27.2% 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, Gisburn Road, Barnoldswick, the average age was 41.3 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, Gisburn Road, Barnoldswick, 1.1% 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, Gisburn Road, Barnoldswick, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.