According to the public record, 84, Knotts Lane, Colne is a period leasehold house with 968 ft2 of internal area and sits on a 473 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Knotts Lane, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
84, Knotts Lane, Colne has a single entry in the Land Registry database from November 2006 and a single entry in the EPC database dated October 2021.
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 84 Knotts Lane Colne as £63,436 and the rental value as £350 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 84 Knotts Lane Colne has increased by £4,301 (6.8%) and its rental value has increased by £10 per month (2.8%).
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 84, Knotts Lane, Colne is in very good condition we estimate a sale value of £66,608 and rental value of £367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £58,996 and a rental value of £325 per month.
If you were able to purchase this property for the estimated value of £63,436, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £312 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, 84, Knotts Lane, Colne sits on a plot of 473m2.
We have plot size data on 32 out of 36 other houses in the postcode and 84, Knotts Lane, Colne sits on the largest plot.
According to HM Land Registry, 84, Knotts Lane, Colne was last sold on 21 Nov 2006 for £72,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 84, Knotts Lane, Colne within a radius of 630 metres over the last 2 years.
The most recent example is 118, Knotts Lane, Colne, BB8 8AE, a Leasehold house which sold for £50,000 in Mar 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knotts Lane, Colne, BB8 has a total of 64 addresses. According to our analysis of all the public data, 84, Knotts Lane, Colne is the 33rd largest and the 45th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in BB8.
84, Knotts Lane, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Oct 2021.
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 84, Knotts Lane, Colne is Colne station which is 500 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 84, Knotts Lane, Colne, 52.2% of property is privately rented and 30.6% is privately owned outright.
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 84, Knotts Lane, Colne, 15.3% of residents are recorded as possessing school level qualifications and 24.9% 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 84, Knotts Lane, 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 84, Knotts Lane, 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 84, Knotts Lane, 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.