According to the public record, 6, Moorhead Street, Colne is a period leasehold house with 1,119 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Moorhead Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
6, Moorhead Street, Colne has a single entry in the Land Registry database from November 2017 and a single entry in the EPC database dated June 2017.
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 Moorhead Street Colne as £126,716 and the rental value as £664 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 6 Moorhead Street Colne has increased by £6,844 (5.4%) and its rental value has increased by £10 per month (1.4%).
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, Moorhead Street, Colne is in very good condition we estimate a sale value of £133,052 and rental value of £697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,846 and a rental value of £617 per month.
If you were able to purchase this property for the estimated value of £126,716, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £623 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, Moorhead Street, Colne was last sold on 17 Nov 2017 for £80,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 34.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Moorhead Street, Colne within a radius of 480 metres over the last 2 years.
The most recent example is 30, Moorhead Street, Colne, BB8 9AU, a Leasehold house which sold for £135,000 in Jul 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Moorhead Street, Colne, BB8 has a total of 32 addresses. According to our analysis of all the public data, 6, Moorhead Street, Colne is the 20th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in BB8.
6, Moorhead Street, Colne has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 28 Jun 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 6, Moorhead Street, 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 6, Moorhead Street, Colne, 45.0% of property is privately owned outright and 32.9% 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, Moorhead Street, Colne, 25.2% of residents are recorded as possessing school level qualifications and 26.1% 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, Moorhead Street, 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 6, Moorhead Street, Colne, 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 6, Moorhead Street, Colne, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.