According to the public record, 18A, Broken Banks, Colne is a mid-century apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 18, Broken Banks, Colne, BB8.
Broken Banks, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
18A, Broken Banks, Colne has no records in the Land Registry database and a single entry in the EPC database dated December 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 18A Broken Banks Colne as £95,049 and the rental value as £463 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 18A Broken Banks Colne has increased by £3,624 (3.8%) and its rental value has decreased by £0 per month (0.1%).
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 18A, Broken Banks, Colne is in very good condition we estimate a sale value of £99,802 and rental value of £486 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,396 and a rental value of £430 per month.
If you were able to purchase this property for the estimated value of £95,049, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £467 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18A, Broken Banks, Colne within a radius of 610 metres over the last 2 years.
The most recent example is 12A, Broken Banks, Colne, BB8 0JY, a Leasehold flat which sold for £96,500 in Oct 2022.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broken Banks, Colne, BB8 has a total of 36 addresses. According to our analysis of all the public data, 18A, Broken Banks, Colne is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in BB8.
18A, Broken Banks, Colne has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 16 Dec 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 18A, Broken Banks, 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 18A, Broken Banks, Colne, 35.1% of property is socially rented and 29.8% is privately 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 18A, Broken Banks, Colne, 12.4% of residents are recorded as possessing school level qualifications and 14.4% 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 18A, Broken Banks, 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 18A, Broken Banks, Colne, 0.4% 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 18A, Broken Banks, Colne, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.