According to the public record, 9, Bence Street, Colne is a period freehold house with 656 ft2 of internal area and sits on a 60.4 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Bence Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
9, Bence Street, Colne has 31 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated December 2019.
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 9 Bence Street Colne as £103,835 and the rental value as £603 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 9 Bence Street Colne has increased by £7,419 (7.1%) and its rental value has increased by £19 per month (3.1%).
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 9, Bence Street, Colne is in very good condition we estimate a sale value of £109,026 and rental value of £633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,566 and a rental value of £561 per month.
If you were able to purchase this property for the estimated value of £103,835, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £510 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, 9, Bence Street, Colne sits on a plot of 60m2.
We have plot size data on 7 out of 13 other houses in the postcode and 9, Bence Street, Colne sits on the 6th largest plot.
According to HM Land Registry, 9, Bence Street, Colne was last sold on 10 Feb 2020 for £64,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2020, the market for similar properties has risen 24.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Bence Street, Colne within a radius of 540 metres over the last 2 years.
The most recent example is 4, Mabel Street, Colne, BB8 0JR, a Leasehold house which sold for £101,500 in Apr 2023.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bence Street, Colne, BB8 has a total of 13 addresses. According to our analysis of all the public data, 9, Bence Street, Colne is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in BB8.
9, Bence Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Dec 2019.
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 9, Bence Street, Colne is Colne station which is 1.2 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 9, Bence Street, Colne, 38.5% of property is privately owned outright and 25.6% 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 9, Bence Street, Colne, 8.2% of residents are recorded as possessing school level qualifications and 25.3% 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 9, Bence 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 9, Bence Street, Colne, 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 9, Bence Street, Colne, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.