According to the public record, 7, Aspinall Drive, Colne is a modern leasehold house with 1,076 ft2 of internal area and sits on a 272 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Aspinall Drive, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
7, Aspinall Drive, Colne has 3 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated February 2018.
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 7 Aspinall Drive Colne as £227,402 and the rental value as £821 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 7 Aspinall Drive Colne has increased by £5,965 (2.6%) and its rental value has decreased by £10 per month (1.3%).
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, Aspinall Drive, Colne is in very good condition we estimate a sale value of £238,772 and rental value of £862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,484 and a rental value of £764 per month.
If you were able to purchase this property for the estimated value of £227,402, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,118 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, Aspinall Drive, Colne sits on a plot of 272m2.
We have plot size data on 19 out of 22 other houses in the postcode and 7, Aspinall Drive, Colne sits on the 9th largest plot.
According to HM Land Registry, 7, Aspinall Drive, Colne was last sold on 02 Jun 2023 for £240,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Jun 2023, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Aspinall Drive, Colne within a radius of 870 metres over the last 2 years.
The most recent example is 61, Knotts Mount, Colne, BB8 8DZ, a Freehold house which sold for £242,500 in Oct 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aspinall Drive, Colne, BB8 has a total of 22 addresses. According to our analysis of all the public data, 7, Aspinall Drive, Colne is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in BB8.
7, Aspinall Drive, Colne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Feb 2018.
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, Aspinall Drive, 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 7, Aspinall Drive, Colne, 35.3% of property is socially rented and 29.4% 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 7, Aspinall Drive, Colne, 22.9% 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, Aspinall Drive, Colne, the average age was 39.9 and the most common age was 32.
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, Aspinall Drive, Colne, 0.5% 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, Aspinall Drive, 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.