According to the public record, 1A, Oakbank Drive, Accrington is a modern leasehold house and with 1,289 ft2 of internal area and sits on a 6,230 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oakbank Drive, Accrington, BB5 is located in the borough of Hyndburn within the BB5 postal district.
1A, Oakbank Drive, Accrington has 2 entries in the Land Registry database, most recently in January 2018 and no records in the EPC database.
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 1A Oakbank Drive Accrington as £176,496 and the rental value as £820 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 1A Oakbank Drive Accrington has increased by £6,175 (3.5%) and its rental value has increased by £19 per month (2.3%).
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 1A, Oakbank Drive, Accrington is in very good condition we estimate a sale value of £185,321 and rental value of £861 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,142 and a rental value of £763 per month.
If you were able to purchase this property for the estimated value of £176,496, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £867 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, 1A, Oakbank Drive, Accrington sits on a plot of 6230m2.
We have plot size data on 10 out of 12 other houses in the postcode and 1A, Oakbank Drive, Accrington sits on the largest plot.
According to HM Land Registry, 1A, Oakbank Drive, Accrington was last sold on 08 Jan 2018 for £135,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Jan 2018, the market for similar properties has risen 29.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Oakbank Drive, Accrington within a radius of 123m over the last 2 years.
The most recent example is 2, Yeadon Close, Accrington, BB5 0FN, a Leasehold house which sold for £160,000 in Nov 2022.
Read more about house prices in BB5.
Oakbank Drive, Accrington, BB5 has a total of 12 addresses. According to our analysis of all the public data, 1A, Oakbank Drive, Accrington is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in BB5.
1A, Oakbank Drive, Accrington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Oct 2010.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1A, Oakbank Drive, Accrington is Church & Oswaldtwistle station which is 200 m 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 1A, Oakbank Drive, Accrington, 64.0% of property is privately owned with a mortgage and 18.0% 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 1A, Oakbank Drive, Accrington, 25.7% of residents are recorded as possessing school level qualifications and 38.9% 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 1A, Oakbank Drive, Accrington, the average age was 32 and the most common age was 12.
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 1A, Oakbank Drive, Accrington, 1.2% 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 1A, Oakbank Drive, Accrington, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.