According to the public record, 6, Princess Street, Colne is a period leasehold house with 948 ft2 of internal area and sits on a 784 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Princess Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
6, Princess Street, Colne has 21 entries in the Land Registry database, most recently in June 2018 and a single entry in the EPC database dated May 2010.
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 Princess Street Colne as £110,635 and the rental value as £614 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 6 Princess Street Colne has increased by £5,975 (5.4%) and its rental value has increased by £9 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, Princess Street, Colne is in very good condition we estimate a sale value of £116,167 and rental value of £645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,891 and a rental value of £571 per month.
If you were able to purchase this property for the estimated value of £110,635, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £544 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, 6, Princess Street, Colne sits on a plot of 784m2.
We have plot size data on 27 out of 34 other houses in the postcode and 6, Princess Street, Colne sits on the 2nd largest plot.
According to HM Land Registry, 6, Princess Street, Colne was last sold on 07 Jun 2018 for £95,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jun 2018, the market for similar properties has risen 29.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Princess Street, Colne within a radius of 500 metres over the last 2 years.
The most recent example is 8, Cragg Street, Colne, BB8 9AT, a Leasehold house which sold for £99,000 in Jan 2024.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princess Street, Colne, BB8 has a total of 34 addresses. According to our analysis of all the public data, 6, Princess Street, Colne is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in BB8.
6, Princess Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2010.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to 6, Princess Street, Colne is Colne station which is 200 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, Princess Street, Colne, 35.5% of property is privately owned outright and 33.3% is privately rented.
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, Princess Street, Colne, 19.4% of residents are recorded as possessing school level qualifications and 25.6% 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, Princess 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, Princess Street, Colne, 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 6, Princess Street, Colne, 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.