According to the public record, 58, Alkincoats Road, Colne is a period freehold house with 990 ft2 of internal area and sits on a 89.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Alkincoats Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
58, Alkincoats Road, Colne has 61 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated February 2012.
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 58 Alkincoats Road Colne as £153,343 and the rental value as £735 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 58 Alkincoats Road Colne has increased by £4,508 (2.9%) and its rental value has decreased by £7 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 58, Alkincoats Road, Colne is in very good condition we estimate a sale value of £161,011 and rental value of £771 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,609 and a rental value of £683 per month.
If you were able to purchase this property for the estimated value of £153,343, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £754 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, 58, Alkincoats Road, Colne sits on a plot of 90m2.
We have plot size data on 50 out of 71 other houses in the postcode and 58, Alkincoats Road, Colne sits on the 30th largest plot.
According to HM Land Registry, 58, Alkincoats Road, Colne was last sold on 30 Jul 2021 for £148,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since Jul 2021, the market for similar properties has risen 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Alkincoats Road, Colne within a radius of 640 metres over the last 2 years.
The most recent example is 75, Parker Street, Colne, BB8 9QA, a Leasehold house which sold for £160,000 in Sep 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alkincoats Road, Colne, BB8 has a total of 91 addresses. According to our analysis of all the public data, 58, Alkincoats Road, Colne is the 71st largest and the 75th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in BB8.
58, Alkincoats Road, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Feb 2012.
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 58, Alkincoats Road, Colne is Colne station which is 400 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 58, Alkincoats Road, Colne, 49.5% of property is privately owned outright and 36.5% 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 58, Alkincoats Road, Colne, 14.6% of residents are recorded as possessing school level qualifications and 28.2% 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 58, Alkincoats Road, Colne, the average age was 43.8 and the most common age was 62.
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 58, Alkincoats Road, Colne, 0.8% 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 58, Alkincoats Road, Colne, 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.