According to the public record, 77, Lanehouse, Colne is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,342 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Lanehouse, Trawden, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
77, Lanehouse, Colne has a single entry in the Land Registry database from February 2022 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 77 Lanehouse Colne as £248,394 and the rental value as £829 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 77 Lanehouse Colne has increased by £4,263 (1.7%) and its rental value has decreased by £17 per month (2.0%).
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 77, Lanehouse, Colne is in very good condition we estimate a sale value of £260,814 and rental value of £871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,006 and a rental value of £771 per month.
If you were able to purchase this property for the estimated value of £248,394, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,221 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 HM Land Registry, 77, Lanehouse, Colne was last sold on 11 Feb 2022 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Lanehouse, Colne within a radius of 2.5 kilometres over the last 2 years.
The most recent example is The Barn, Lanehouse, Colne, BB8 8SN, a Leasehold house which sold for £350,000 in Mar 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lanehouse, Trawden, Colne, BB8 has a total of 81 addresses. According to our analysis of all the public data, 77, Lanehouse, Colne is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in BB8.
The closest station to 77, Lanehouse, Colne is Colne station which is 3.5 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 77, Lanehouse, Colne, 46.1% of property is privately owned with a mortgage and 38.2% 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 77, Lanehouse, Colne, 13.1% of residents are recorded as possessing school level qualifications and 34.7% 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 77, Lanehouse, Colne, the average age was 45.1 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 77, Lanehouse, Colne, 0.3% 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 77, Lanehouse, Colne, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.