According to the public record, Green Fells, Colne is a mid-century freehold house with 2,507 ft2 of internal area and sits on a 1,020 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Skipton Road, Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
Green Fells, Colne has 2 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated August 2022.
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 Green Fells Colne as £584,883 and the rental value as £2,005 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Green Fells Colne has increased by £9,956 (1.7%) and its rental value has decreased by £43 per month (2.2%).
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 Green Fells, Colne is in very good condition we estimate a sale value of £614,127 and rental value of £2,105 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £543,941 and a rental value of £1,865 per month.
If you were able to purchase this property for the estimated value of £584,883, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,875 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, Green Fells, Colne sits on a plot of 1020m2.
We have plot size data on 6 out of 8 other houses in the postcode and Green Fells, Colne sits on the 2nd largest plot.
According to HM Land Registry, Green Fells, Colne was last sold on 13 Oct 2022 for £595,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Green Fells, Colne within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1, Manor Road, Colne, BB8 7AS, a Leasehold house which sold for £243,000 in Dec 2018.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Skipton Road, Foulridge, Colne, BB8 has a total of 65 addresses. According to our analysis of all the public data, Green Fells, Colne is the 13th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £415k more expensive than the average property in BB8.
Green Fells, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Aug 2022.
The property is connected to mains gas and has multiple glazing throughout. It is heated using a boiler and radiators.
The closest station to Green Fells, Colne is Colne station which is 2.0 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 Green Fells, Colne, 54.8% of property is privately owned outright and 34.8% 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 Green Fells, Colne, 17.9% of residents are recorded as possessing school level qualifications and 34.6% 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 Green Fells, 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 Green Fells, Colne, 1.9% 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 Green Fells, Colne, 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.