According to the public record, 7, James Street, Colne is a period leasehold house with 1,173 ft2 of internal area and sits on a 387 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
James Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
7, James Street, Colne has 51 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated May 2016.
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 James Street Colne as £101,786 and the rental value as £523 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 7 James Street Colne has increased by £7,017 (6.9%) and its rental value has increased by £15 per month (2.9%).
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 7, James Street, Colne is in very good condition we estimate a sale value of £106,875 and rental value of £549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £94,661 and a rental value of £486 per month.
If you were able to purchase this property for the estimated value of £101,786, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £500 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, James Street, Colne sits on a plot of 387m2.
We have plot size data on 8 out of 8 other houses in the postcode and 7, James Street, Colne sits on the 2nd largest plot.
According to HM Land Registry, 7, James Street, Colne was last sold on 04 Mar 2022 for £96,500 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since Mar 2022, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, James Street, Colne within a radius of 560 metres over the last 2 years.
The most recent example is 1, Peter Street, Colne, BB8 0HL, a Leasehold house which sold for £95,000 in Mar 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
James Street, Colne, BB8 has a total of 8 addresses. According to our analysis of all the public data, 7, James Street, Colne is the largest and the most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in BB8.
7, James Street, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 May 2016.
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 7, James 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 7, James Street, Colne, 68.5% of property is privately rented and 11.9% 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 7, James Street, Colne, 16.8% of residents are recorded as possessing school level qualifications and 17.7% 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, James Street, 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, James 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 7, James Street, Colne, there are an average of 0.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.