According to the public record, 8, Cragg Street, Colne is a period leasehold house with 904 ft2 of internal area and sits on a 90.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cragg Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
8, Cragg Street, Colne has 41 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated February 2015.
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 8 Cragg Street Colne as £104,742 and the rental value as £590 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 8 Cragg Street Colne has increased by £5,657 (5.4%) and its rental value has increased by £9 per month (1.4%).
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 8, Cragg Street, Colne is in very good condition we estimate a sale value of £109,979 and rental value of £620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,410 and a rental value of £549 per month.
If you were able to purchase this property for the estimated value of £104,742, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £515 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, 8, Cragg Street, Colne sits on a plot of 91m2.
We have plot size data on 10 out of 10 other houses in the postcode and 8, Cragg Street, Colne sits on the 3rd largest plot.
According to HM Land Registry, 8, Cragg Street, Colne was last sold on 16 Jan 2024 for £99,000 and was recorded as a leasehold house.
The property has had 4 sales since 1995.
Since Jan 2024, the market for similar properties has risen 7.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cragg Street, Colne within a radius of 480 metres over the last 2 years.
The most recent example is 7, Lord Street, Colne, BB8 9AR, a Leasehold house which sold for £91,000 in Jun 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cragg Street, Colne, BB8 has a total of 19 addresses. According to our analysis of all the public data, 8, Cragg Street, Colne is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in BB8.
8, Cragg Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 8, Cragg Street, Colne is Colne station which is 300 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 8, Cragg Street, Colne, 35.5% of property is privately owned outright and 33.3% 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 8, Cragg Street, Colne, 19.4% of residents are recorded as possessing school level qualifications and 25.6% 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 8, Cragg Street, Colne, the average age was 43.8 and the most common age was 62.
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 8, Cragg Street, Colne, 0.6% 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 8, Cragg Street, Colne, 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.