According to the public record, 8, Lee Road, Nelson is a modern freehold house with 990 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lee Road, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
8, Lee Road, Nelson has 2 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated April 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 8 Lee Road Nelson as £89,359 and the rental value as £489 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 8 Lee Road Nelson has increased by £5,836 (6.5%) and its rental value has increased by £12 per month (2.5%).
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, Lee Road, Nelson is in very good condition we estimate a sale value of £93,827 and rental value of £514 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,104 and a rental value of £455 per month.
If you were able to purchase this property for the estimated value of £89,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £439 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, Lee Road, Nelson sits on a plot of 152m2.
We have plot size data on 10 out of 35 other houses in the postcode and 8, Lee Road, Nelson sits on the 4th largest plot.
According to HM Land Registry, 8, Lee Road, Nelson was last sold on 28 Jan 2021 for £110,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2021, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lee Road, Nelson within a radius of 510 metres over the last 2 years.
The most recent example is 22, Lee Road, Nelson, BB9 8SD, a Freehold house which sold for £111,000 in May 2024.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lee Road, Nelson, BB9 has a total of 35 addresses. According to our analysis of all the public data, 8, Lee Road, Nelson is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in BB9.
8, Lee Road, Nelson has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 2016.
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, Lee Road, Nelson is Nelson station which is 1.3 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, Lee Road, Nelson, 31.0% of property is privately owned outright and 27.7% is socially 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, Lee Road, Nelson, 14.0% of residents are recorded as possessing school level qualifications and 20.2% 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, Lee 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 8, Lee Road, Nelson, 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 8, Lee Road, Nelson, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.