According to the public record, 6, Southfield Terrace, Colne is a period freehold house with 861 ft2 of internal area and sits on a 73 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Southfield Terrace, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
6, Southfield Terrace, Colne has a single entry in the Land Registry database from May 2015 and a single entry in the EPC database dated November 2014.
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 Southfield Terrace Colne as £181,666 and the rental value as £745 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 6 Southfield Terrace Colne has increased by £3,178 (1.7%) and its rental value has decreased by £14 per month (1.9%).
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 6, Southfield Terrace, Colne is in very good condition we estimate a sale value of £190,750 and rental value of £782 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,950 and a rental value of £693 per month.
If you were able to purchase this property for the estimated value of £181,666, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £893 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, Southfield Terrace, Colne sits on a plot of 73m2.
We have plot size data on 7 out of 8 other houses in the postcode and 6, Southfield Terrace, Colne sits on the 5th largest plot.
According to HM Land Registry, 6, Southfield Terrace, Colne was last sold on 13 May 2015 for £82,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Southfield Terrace, Colne within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 2, Wycoller View, Colne, BB8 7GY, a Freehold house which sold for £165,000 in Jun 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southfield Terrace, Colne, BB8 has a total of 8 addresses. According to our analysis of all the public data, 6, Southfield Terrace, Colne is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in BB8.
6, Southfield Terrace, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Nov 2014.
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 6, Southfield Terrace, Colne is Colne station which is 4.2 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, Southfield Terrace, Colne, 40.3% of property is privately owned with a mortgage and 32.5% 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 6, Southfield Terrace, Colne, 18.6% of residents are recorded as possessing school level qualifications and 38.5% 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, Southfield Terrace, 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, Southfield Terrace, 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 6, Southfield Terrace, Colne, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.