According to the public record, 8, Rimington Avenue, Colne is a mid-century freehold house with 764 ft2 of internal area and sits on a 309 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Rimington Avenue, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
8, Rimington Avenue, Colne has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated August 2017.
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 Rimington Avenue Colne as £127,128 and the rental value as £664 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 8 Rimington Avenue Colne has increased by £6,051 (4.8%) and its rental value has increased by £5 per month (0.8%).
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, Rimington Avenue, Colne is in very good condition we estimate a sale value of £133,484 and rental value of £697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £118,229 and a rental value of £618 per month.
If you were able to purchase this property for the estimated value of £127,128, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £625 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, Rimington Avenue, Colne sits on a plot of 309m2.
We have plot size data on 12 out of 28 other houses in the postcode and 8, Rimington Avenue, Colne sits on the largest plot.
According to HM Land Registry, 8, Rimington Avenue, Colne was last sold on 05 Oct 2018 for £95,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Rimington Avenue, Colne within a radius of 770 metres over the last 2 years.
The most recent example is 118, Harrison Drive, Colne, BB8 9SF, a Freehold house which sold for £130,000 in Jun 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rimington Avenue, Colne, BB8 has a total of 28 addresses. According to our analysis of all the public data, 8, Rimington Avenue, Colne is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in BB8.
8, Rimington Avenue, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2017.
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, Rimington Avenue, Colne is Colne station which is 800 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, Rimington Avenue, Colne, 55.7% of property is privately owned outright and 33.9% 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, Rimington Avenue, Colne, 16.9% of residents are recorded as possessing school level qualifications and 34.0% 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, Rimington Avenue, 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, Rimington Avenue, Colne, 0.0% 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, Rimington Avenue, Colne, there are an average of 1.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.