According to the public record, 2B, Arnold Street, Accrington is a period leasehold apartment and with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Arnold Street, Accrington, BB5.
Arnold Street, Accrington, BB5 is located in the borough of Hyndburn within the BB5 postal district.
2B, Arnold Street, Accrington has a single entry in the Land Registry database from March 2010 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 2B Arnold Street Accrington as £64,936 and the rental value as £517 per month giving an expected gross yield of 9.6%.
Over the last 12 months the sale value of 2B Arnold Street Accrington has increased by £1,182 (1.8%) and its rental value has increased by £3 per month (0.6%).
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 2B, Arnold Street, Accrington is in very good condition we estimate a sale value of £68,183 and rental value of £543 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £60,390 and a rental value of £481 per month.
If you were able to purchase this property for the estimated value of £64,936, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £319 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, 2B, Arnold Street, Accrington was last sold on 26 Mar 2010 for £55,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2010, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2B, Arnold Street, Accrington within a radius of 84m over the last 2 years.
The most recent example is Unit 2, Horne Street, Accrington, BB5 1BL, a Leasehold flat which sold for £50,000 in Jul 2021.
Read more about house prices in BB5.
Arnold Street, Accrington, BB5 has a total of 10 addresses. According to our analysis of all the public data, 2B, Arnold Street, Accrington is the 8th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in BB5.
2B, Arnold Street, Accrington has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Feb 2014.
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 2B, Arnold Street, Accrington is Accrington station which is 700 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 2B, Arnold Street, Accrington, 57.4% of property is privately rented and 17.2% 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 2B, Arnold Street, Accrington, 22.2% of residents are recorded as possessing school level qualifications and 16.3% 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 2B, Arnold Street, Accrington, the average age was 40.2 and the most common age was 52.
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 2B, Arnold Street, Accrington, 0.5% 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 2B, Arnold Street, Accrington, 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.