According to the public record, 61, Glen Street, Colne is a mid-century freehold house with 538 ft2 of internal area and sits on a 232 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Glen Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
61, Glen Street, Colne has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated September 2021.
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 61 Glen Street Colne as £69,191 and the rental value as £418 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 61 Glen Street Colne has increased by £3,761 (5.4%) and its rental value has increased by £6 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 61, Glen Street, Colne is in very good condition we estimate a sale value of £72,651 and rental value of £439 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,348 and a rental value of £389 per month.
If you were able to purchase this property for the estimated value of £69,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £340 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, 61, Glen Street, Colne sits on a plot of 232m2.
We have plot size data on 6 out of 38 other houses in the postcode and 61, Glen Street, Colne sits on the 4th largest plot.
According to HM Land Registry, 61, Glen Street, Colne was last sold on 30 Aug 2022 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Glen Street, Colne within a radius of 540 metres over the last 2 years.
The most recent example is 80, Glen Street, Colne, BB8 9ER, a Leasehold house which sold for £65,000 in Aug 2020.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glen Street, Colne, BB8 has a total of 65 addresses. According to our analysis of all the public data, 61, Glen Street, Colne is the 65th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in BB8.
61, Glen Street, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2021.
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 61, Glen Street, Colne is Colne station which is 1.1 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 61, Glen Street, Colne, 44.1% of property is privately rented and 22.1% 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 61, Glen Street, Colne, 26.4% of residents are recorded as possessing school level qualifications and 20.3% 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 61, Glen 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 61, Glen Street, Colne, 1.1% 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 61, Glen Street, Colne, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.