According to the public record, Apartment 3, Old School House, Barnoldswick is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Old School House, York Street, Barnoldswick, BB18.
York Street, Barnoldswick, BB18 is located in the borough of Pendle within the BB18 postal district.
Apartment 3, Old School House, Barnoldswick has a single entry in the Land Registry database from February 2020 and a single entry in the EPC database dated January 2020.
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 good condition, we estimate the current sale value for Apartment 3 Old School House Barnoldswick as £134,856 and the rental value as £542 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Apartment 3 Old School House Barnoldswick has increased by £5,364 (4.0%) and its rental value has decreased by £2 per month (0.3%).
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 Apartment 3, Old School House, Barnoldswick is in very good condition we estimate a sale value of £141,599 and rental value of £569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,416 and a rental value of £504 per month.
If you were able to purchase this property for the estimated value of £134,856, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £663 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, Apartment 3, Old School House, Barnoldswick was last sold on 28 Feb 2020 for £122,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2020, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 3, Old School House, Barnoldswick within a radius of 440 metres over the last 2 years.
The most recent example is Apartment 4, Old School House, York Street, Barnoldswick, BB18 5DE, a Leasehold flat which sold for £129,950 in May 2020.
Read more about house prices in BB18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
York Street, Barnoldswick, BB18 has a total of 88 addresses. According to our analysis of all the public data, Apartment 3, Old School House, Barnoldswick is the 61st largest and the 47th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in BB18.
Apartment 3, Old School House, Barnoldswick has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Apartment 3, Old School House, Barnoldswick is Colne station which is 6.7 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 Apartment 3, Old School House, Barnoldswick, 34.0% of property is privately rented and 31.3% is privately owned with a mortgage.
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 Apartment 3, Old School House, Barnoldswick, 22.4% of residents are recorded as possessing school level qualifications and 21.4% 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 Apartment 3, Old School House, Barnoldswick, the average age was 43.1 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 Apartment 3, Old School House, Barnoldswick, 0.6% 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 Apartment 3, Old School House, Barnoldswick, 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.