According to the public record, 7, Rimington Place, Nelson is a mid-century freehold house with 753 ft2 of internal area and sits on a 200 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Rimington Place, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
7, Rimington Place, Nelson has 21 entries in the Land Registry database, most recently in April 2009 and a single entry in the EPC database dated July 2024.
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 Rimington Place Nelson as £104,459 and the rental value as £535 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 7 Rimington Place Nelson has increased by £3,809 (3.6%) and its rental value has decreased by £2 per month (0.3%).
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, Rimington Place, Nelson is in very good condition we estimate a sale value of £109,682 and rental value of £562 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,147 and a rental value of £498 per month.
If you were able to purchase this property for the estimated value of £104,459, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £513 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, Rimington Place, Nelson sits on a plot of 200m2.
We have plot size data on 7 out of 16 other houses in the postcode and 7, Rimington Place, Nelson sits on the 5th largest plot.
According to HM Land Registry, 7, Rimington Place, Nelson was last sold on 23 Apr 2009 for £59,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2009, the market for similar properties has risen 38.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Rimington Place, Nelson within a radius of 810 metres over the last 2 years.
The most recent example is 8, Pinfold Place, Nelson, BB9 8BZ, a Freehold house which sold for £120,000 in Feb 2022.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rimington Place, Nelson, BB9 has a total of 16 addresses. According to our analysis of all the public data, 7, Rimington Place, Nelson is the 14th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in BB9.
7, Rimington Place, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2024.
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, Rimington Place, Nelson is Colne station which is 1.5 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, Rimington Place, Nelson, 38.2% of property is privately owned outright and 27.9% 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, Rimington Place, Nelson, 23.0% of residents are recorded as possessing school level qualifications and 18.6% 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, Rimington Place, Nelson, the average age was 39.2 and the most common age was 12.
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, Rimington Place, Nelson, 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, Rimington Place, Nelson, there are an average of 1.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.