According to the public record, 7, Summer Street, Nelson is a period house with 796 ft2 of internal area and sits on a 65.8 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Summer Street, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
7, Summer Street, Nelson has no records in the Land Registry database and a single entry in the EPC database dated August 2019.
We combine this information with public data 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 Summer Street Nelson as £61,167 and the rental value as £357 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 7 Summer Street Nelson has increased by £3,950 (6.5%) and its rental value has increased by £9 per month (2.4%).
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, Summer Street, Nelson is in very good condition we estimate a sale value of £64,225 and rental value of £375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £56,885 and a rental value of £332 per month.
If you were able to purchase this property for the estimated value of £61,167, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £301 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, Summer Street, Nelson sits on a plot of 66m2.
We have plot size data on 19 out of 19 other houses in the postcode and 7, Summer Street, Nelson sits on the 7th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Summer Street, Nelson within a radius of 640 metres over the last 2 years.
The most recent example is 16, Burlington Street, Nelson, BB9 7DH, a Leasehold house which sold for £47,000 in Mar 2024.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summer Street, Nelson, BB9 has a total of 19 addresses. According to our analysis of all the public data, 7, Summer Street, Nelson is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in BB9.
7, Summer Street, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2019.
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, Summer Street, Nelson is Nelson station which is 800 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, Summer Street, Nelson, 43.8% of property is privately owned outright and 33.9% 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, Summer Street, Nelson, 32.7% of residents are recorded as possessing school level qualifications and 19.6% 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, Summer Street, Nelson, the average age was 32.4 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, Summer Street, Nelson, 0.2% 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, Summer Street, Nelson, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.