According to the public record, 64, New Market Street, Colne is a period leasehold house with 1,033 ft2 of internal area and sits on a 64.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
New Market Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
64, New Market Street, Colne has a single entry in the Land Registry database from February 2016 and a single entry in the EPC database dated December 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 64 New Market Street Colne as £91,478 and the rental value as £494 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 64 New Market Street Colne has increased by £5,146 (5.6%) and its rental value has increased by £8 per month (1.7%).
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 64, New Market Street, Colne is in very good condition we estimate a sale value of £96,051 and rental value of £518 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,074 and a rental value of £459 per month.
If you were able to purchase this property for the estimated value of £91,478, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £450 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, 64, New Market Street, Colne sits on a plot of 64m2.
We have plot size data on 34 out of 46 other houses in the postcode and 64, New Market Street, Colne sits on the 14th largest plot.
According to HM Land Registry, 64, New Market Street, Colne was last sold on 26 Feb 2016 for £50,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Feb 2016, the market for similar properties has risen 39.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 64, New Market Street, Colne within a radius of 460 metres over the last 2 years.
The most recent example is 5, Hartley Street, Colne, BB8 9DF, a Leasehold house which sold for £55,000 in Nov 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Market Street, Colne, BB8 has a total of 61 addresses. According to our analysis of all the public data, 64, New Market Street, Colne is the 12th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in BB8.
64, New Market Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2017.
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 64, New Market Street, Colne is Colne station which is 700 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 64, New Market Street, Colne, 37.5% of property is socially rented and 36.5% 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 64, New Market Street, Colne, 12.3% of residents are recorded as possessing school level qualifications and 21.1% 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 64, New Market 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 64, New Market 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 64, New Market Street, Colne, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.