According to the public record, 7, Ridgeway, Nelson is a modern freehold house with 1,582 ft2 of internal area and sits on a 517 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ridgeway, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
7, Ridgeway, Nelson has 41 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated September 2013.
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 Ridgeway Nelson as £411,179 and the rental value as £1,372 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 7 Ridgeway Nelson has increased by £4,969 (1.2%) and its rental value has decreased by £36 per month (2.7%).
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 7, Ridgeway, Nelson is in very good condition we estimate a sale value of £431,738 and rental value of £1,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,396 and a rental value of £1,276 per month.
If you were able to purchase this property for the estimated value of £411,179, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,021 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, Ridgeway, Nelson sits on a plot of 517m2.
We have plot size data on 13 out of 31 other houses in the postcode and 7, Ridgeway, Nelson sits on the 4th largest plot.
According to HM Land Registry, 7, Ridgeway, Nelson was last sold on 16 Mar 2018 for £380,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2018, the market for similar properties has risen 30.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Ridgeway, Nelson within a radius of 840 metres over the last 2 years.
The most recent example is 26, Ridgeway, Nelson, BB9 8QP, a Freehold house which sold for £375,000 in Aug 2020.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgeway, Barrowford, Nelson, BB9 has a total of 31 addresses. According to our analysis of all the public data, 7, Ridgeway, Nelson is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £279k more expensive than the average property in BB9.
7, Ridgeway, Nelson has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2013.
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, Ridgeway, Nelson is Nelson station which is 1.6 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, Ridgeway, Nelson, 53.6% of property is privately owned outright and 28.0% 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, Ridgeway, Nelson, 20.6% of residents are recorded as possessing school level qualifications and 36.4% 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, Ridgeway, Nelson, the average age was 46.1 and the most common age was 57.
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, Ridgeway, Nelson, 0.8% 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, Ridgeway, Nelson, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.