According to the public record, 8, Elm Close, Barnoldswick is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 888 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Elm Close, Barnoldswick, BB18 is located in the borough of Pendle within the BB18 postal district.
8, Elm Close, Barnoldswick has a single entry in the Land Registry database from September 2010 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 8 Elm Close Barnoldswick as £254,896 and the rental value as £981 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 8 Elm Close Barnoldswick has increased by £6,559 (2.6%) and its rental value has decreased by £16 per month (1.6%).
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, Elm Close, Barnoldswick is in very good condition we estimate a sale value of £267,640 and rental value of £1,030 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,053 and a rental value of £912 per month.
If you were able to purchase this property for the estimated value of £254,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,253 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, 8, Elm Close, Barnoldswick was last sold on 17 Sep 2010 for £135,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2010, the market for similar properties has risen 54.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Elm Close, Barnoldswick within a radius of 830 metres over the last 2 years.
The most recent example is 20, Chestnut Drive, Barnoldswick, BB18 5QY, a Freehold house which sold for £225,000 in Aug 2021.
Read more about house prices in BB18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elm Close, Barnoldswick, BB18 has a total of 16 addresses. According to our analysis of all the public data, 8, Elm Close, Barnoldswick is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in BB18.
The closest station to 8, Elm Close, Barnoldswick is Colne station which is 6.3 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 8, Elm Close, Barnoldswick, 59.8% of property is privately owned outright and 35.7% 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 8, Elm Close, Barnoldswick, 16.9% of residents are recorded as possessing school level qualifications and 26.9% 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, Elm Close, Barnoldswick, the average age was 43.1 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 8, Elm Close, Barnoldswick, 3.0% 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 8, Elm Close, Barnoldswick, 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.