According to the public record, 75, Bankhouse Road, Nelson is a period leasehold house with 936 ft2 of internal area and sits on a 58.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bankhouse Road, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
75, Bankhouse Road, Nelson has 61 entries in the Land Registry database, most recently in February 2022 and a single entry in the EPC database dated March 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 75 Bankhouse Road Nelson as £69,552 and the rental value as £388 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 75 Bankhouse Road Nelson has increased by £4,897 (7.0%) and its rental value has increased by £11 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 75, Bankhouse Road, Nelson is in very good condition we estimate a sale value of £73,029 and rental value of £407 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £64,683 and a rental value of £361 per month.
If you were able to purchase this property for the estimated value of £69,552, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £342 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, 75, Bankhouse Road, Nelson sits on a plot of 59m2.
We have plot size data on 13 out of 13 other houses in the postcode and 75, Bankhouse Road, Nelson sits on the 8th largest plot.
According to HM Land Registry, 75, Bankhouse Road, Nelson was last sold on 25 Feb 2022 for £80,000 and was recorded as a leasehold house.
The property has had 6 sales since 1995.
Since Feb 2022, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 75, Bankhouse Road, Nelson within a radius of 440 metres over the last 2 years.
The most recent example is 22, Dover Street, Nelson, BB9 7RF, a Leasehold house which sold for £55,000 in Apr 2024.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bankhouse Road, Nelson, BB9 has a total of 50 addresses. According to our analysis of all the public data, 75, Bankhouse Road, Nelson is the 33rd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in BB9.
75, Bankhouse Road, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2016.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 75, Bankhouse Road, Nelson is Nelson station which is 700 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 75, Bankhouse Road, Nelson, 49.2% of property is privately rented and 32.2% 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 75, Bankhouse Road, Nelson, 35.8% of residents are recorded as possessing school level qualifications and 20.5% 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 75, Bankhouse Road, Nelson, the average age was 34.1 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 75, Bankhouse Road, Nelson, 0.5% 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 75, Bankhouse Road, 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.