According to the public record, 8, Ivy Street, Colne is a period leasehold house with 1,022 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Ivy Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
8, Ivy Street, Colne has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated April 2013.
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 Ivy Street Colne as £132,749 and the rental value as £669 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 8 Ivy Street Colne has increased by £3,482 (2.6%) and its rental value has decreased by £8 per month (1.3%).
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, Ivy Street, Colne is in very good condition we estimate a sale value of £139,386 and rental value of £703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,456 and a rental value of £622 per month.
If you were able to purchase this property for the estimated value of £132,749, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £652 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, Ivy Street, Colne sits on a plot of 223m2.
We have plot size data on 4 out of 13 other houses in the postcode and 8, Ivy Street, Colne sits on the 2nd largest plot.
According to HM Land Registry, 8, Ivy Street, Colne was last sold on 28 Nov 2019 for £78,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Ivy Street, Colne within a radius of 690 metres over the last 2 years.
The most recent example is 457, Burnley Road, Colne, BB8 8LA, a Leasehold house which sold for £104,000 in Dec 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ivy Street, Colne, BB8 has a total of 13 addresses. According to our analysis of all the public data, 8, Ivy Street, Colne is the largest and the most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in BB8.
8, Ivy Street, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Apr 2013.
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 8, Ivy Street, Colne is Colne station which is 1.4 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, Ivy Street, Colne, 52.0% of property is privately owned outright and 29.6% 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, Ivy Street, Colne, 7.8% of residents are recorded as possessing school level qualifications and 22.9% 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, Ivy Street, Colne, the average age was 39.9 and the most common age was 32.
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, Ivy Street, Colne, 0.7% 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, Ivy Street, Colne, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.