According to the public record, 7, Alkincoats View, Colne is a modern freehold house with 592 ft2 of internal area and sits on a 175 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Alkincoats View, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
7, Alkincoats View, Colne has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated July 2020.
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 good condition, we estimate the current sale value for 7 Alkincoats View Colne as £171,855 and the rental value as £705 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 7 Alkincoats View Colne has increased by £8,179 (4.8%) and its rental value has increased by £6 per month (0.8%).
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 7, Alkincoats View, Colne is in very good condition we estimate a sale value of £180,448 and rental value of £741 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,825 and a rental value of £656 per month.
If you were able to purchase this property for the estimated value of £171,855, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £845 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, 7, Alkincoats View, Colne sits on a plot of 175m2.
We have plot size data on 6 out of 6 other houses in the postcode and 7, Alkincoats View, Colne sits on the 4th largest plot.
According to HM Land Registry, 7, Alkincoats View, Colne was last sold on 28 Jan 2021 for £159,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Alkincoats View, Colne within a radius of 620 metres over the last 2 years.
The most recent example is 9, Alkincoats View, Colne, BB8 9FD, a Freehold house which sold for £159,950 in Nov 2020.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alkincoats View, Colne, BB8 has a total of 11 addresses. According to our analysis of all the public data, 7, Alkincoats View, Colne is the 8th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in BB8.
7, Alkincoats View, Colne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 7, Alkincoats View, Colne is Colne station which is 600 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 7, Alkincoats View, Colne, 36.5% of property is privately owned outright and 32.2% 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 7, Alkincoats View, Colne, 21.6% of residents are recorded as possessing school level qualifications and 20.9% 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 7, Alkincoats View, 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 7, Alkincoats View, Colne, 0.7% 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 7, Alkincoats View, Colne, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.