According to the public record, 7, Lowther Street, Colne is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,280 ft2 of internal area and sits on a 1,463 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Lowther Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
7, Lowther Street, Colne has 21 entries in the Land Registry database, most recently in October 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Lowther Street Colne as £293,364 and the rental value as £1,000 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 7 Lowther Street Colne has increased by £4,797 (1.6%) and its rental value has decreased by £22 per month (2.2%).
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, Lowther Street, Colne is in very good condition we estimate a sale value of £308,032 and rental value of £1,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,828 and a rental value of £930 per month.
If you were able to purchase this property for the estimated value of £293,364, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,442 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, Lowther Street, Colne sits on a plot of 1463m2.
We have plot size data on 6 out of 6 other houses in the postcode and 7, Lowther Street, Colne sits on the 2nd largest plot.
According to HM Land Registry, 7, Lowther Street, Colne was last sold on 19 Oct 2006 for £105,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lowther Street, Colne within a radius of 540 metres over the last 2 years.
The most recent example is 144, Langroyd Road, Colne, BB8 7AW, a Leasehold house which sold for £260,000 in Dec 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lowther Street, Colne, BB8 has a total of 6 addresses. According to our analysis of all the public data, 7, Lowther Street, Colne is the 3rd largest and the most expensive property on the street.
When compared to the postcode district it is £124k more expensive than the average property in BB8.
The closest station to 7, Lowther Street, Colne is Colne station which is 1.4 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, Lowther Street, Colne, 43.7% of property is privately owned outright and 31.9% 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, Lowther Street, Colne, 21.0% of residents are recorded as possessing school level qualifications and 27.2% 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, Lowther 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 7, Lowther Street, Colne, 0.6% 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, Lowther Street, Colne, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.