According to the public record, 25A, Clarence Street, Colne is a period leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 25, Clarence Street, Colne, BB8.
Clarence Street, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
25A, Clarence Street, Colne has a single entry in the Land Registry database from February 2017 and a single entry in the EPC database dated December 2016.
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 25A Clarence Street Colne as £93,829 and the rental value as £442 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 25A Clarence Street Colne has increased by £4,444 (4.7%) and its rental value has increased by £4 per month (0.8%).
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 25A, Clarence Street, Colne is in very good condition we estimate a sale value of £98,521 and rental value of £464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,261 and a rental value of £411 per month.
If you were able to purchase this property for the estimated value of £93,829, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £461 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, 25A, Clarence Street, Colne was last sold on 02 Feb 2017 for £73,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2017, the market for similar properties has risen 27.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 650 metres radius of 25A, Clarence Street, Colne over the last 2 years.
The most recent example is 28, Clarence Street, Colne, BB8 0PP, a Leasehold house which sold for £79,950 in Dec 2021.
Read more about house prices in BB8.
Clarence Street, Colne, BB8 has a total of 56 addresses. According to our analysis of all the public data, 25A, Clarence Street, Colne is the 56th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in BB8.
25A, Clarence Street, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2016.
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 25A, Clarence Street, Colne is Colne station which is 1.9 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 25A, Clarence Street, Colne, 39.2% of property is privately owned with a mortgage and 37.3% 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 25A, Clarence Street, Colne, 17.2% of residents are recorded as possessing school level qualifications and 30.1% 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 25A, Clarence Street, Colne, the average age was 45.1 and the most common age was 57.
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 25A, Clarence Street, Colne, 0.9% 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 25A, Clarence Street, Colne, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.