According to the public record, 6, Hall Road, Colne is a period leasehold house with 1,130 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Hall Road, Trawden, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
6, Hall Road, Colne has 2 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated November 2020.
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 6 Hall Road Colne as £172,036 and the rental value as £757 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 6 Hall Road Colne has increased by £4,003 (2.3%) and its rental value has decreased by £11 per month (1.5%).
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 6, Hall Road, Colne is in very good condition we estimate a sale value of £180,637 and rental value of £795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,993 and a rental value of £704 per month.
If you were able to purchase this property for the estimated value of £172,036, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £846 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, 6, Hall Road, Colne was last sold on 12 May 2022 for £192,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Hall Road, Colne within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 9, Gladstone Terrace, Colne, BB8 8BN, a Freehold house which sold for £179,500 in Nov 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hall Road, Trawden, Colne, BB8 has a total of 31 addresses. According to our analysis of all the public data, 6, Hall Road, Colne is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in BB8.
6, Hall Road, Colne has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Nov 2020.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 6, Hall Road, Colne is Colne station which is 2.9 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 6, Hall Road, Colne, 44.8% of property is privately owned outright and 41.9% 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 6, Hall Road, Colne, 17.1% of residents are recorded as possessing school level qualifications and 36.5% 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 6, Hall Road, 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 6, Hall Road, Colne, 1.0% 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 6, Hall Road, Colne, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.