According to the public record, 85, Derby Street, Colne is a period house with 904 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Derby Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
85, Derby Street, Colne has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2015.
We combine this information with public data 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 85 Derby Street Colne as £77,781 and the rental value as £438 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 85 Derby Street Colne has increased by £3,392 (4.4%) and its rental value has increased by £2 per month (0.4%).
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 85, Derby Street, Colne is in very good condition we estimate a sale value of £81,670 and rental value of £460 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,336 and a rental value of £408 per month.
If you were able to purchase this property for the estimated value of £77,781, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £382 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, 85, Derby Street, Colne was last sold on 30 Sep 2005 for £54,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Derby Street, Colne within a radius of 460 metres over the last 2 years.
The most recent example is 18, New Market Street, Colne, BB8 9BY, a Freehold house which sold for £102,500 in Nov 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derby Street, Colne, BB8 has a total of 62 addresses. According to our analysis of all the public data, 85, Derby Street, Colne is the 42nd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in BB8.
85, Derby Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jun 2015.
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 85, Derby Street, Colne is Colne station which is 600 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 85, Derby Street, Colne, 33.1% of property is privately owned with a mortgage and 24.3% 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 85, Derby Street, Colne, 23.7% of residents are recorded as possessing school level qualifications and 21.0% 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 85, Derby Street, 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 85, Derby Street, 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 85, Derby Street, Colne, there are an average of 1.1 cars per household.
See below for how this compares to North West and the rest of England & Wales.