According to the public record, 59, Smith Street, Nelson is a period leasehold house with 1,291 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Smith Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
59, Smith Street, Nelson has a single entry in the Land Registry database from February 2013 and a single entry in the EPC database dated April 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 59 Smith Street Nelson as £92,879 and the rental value as £465 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 59 Smith Street Nelson has increased by £4,664 (5.0%) and its rental value has increased by £5 per month (1.0%).
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 59, Smith Street, Nelson is in very good condition we estimate a sale value of £97,523 and rental value of £488 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,377 and a rental value of £432 per month.
If you were able to purchase this property for the estimated value of £92,879, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £456 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, 59, Smith Street, Nelson was last sold on 27 Feb 2013 for £28,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Feb 2013, the market for similar properties has risen 58.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Smith Street, Nelson within a radius of 370 metres over the last 2 years.
The most recent example is 34, Roberts Street, Nelson, BB9 0TD, a Leasehold house which sold for £92,000 in Sep 2022.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smith Street, Nelson, BB9 has a total of 167 addresses. According to our analysis of all the public data, 59, Smith Street, Nelson is the 17th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in BB9.
59, Smith Street, Nelson has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Apr 2015.
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 59, Smith Street, Nelson is Nelson station which is 600 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 59, Smith Street, Nelson, 41.4% of property is privately rented and 35.9% 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 59, Smith Street, Nelson, 31.5% of residents are recorded as possessing school level qualifications and 19.7% 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 59, Smith Street, 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 59, Smith Street, 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 59, Smith Street, 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.