According to the public record, Greenfield Farm Cottage, Colne is a period freehold house with 1,453 ft2 of internal area and sits on a 1,170 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Greenfield Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
Greenfield Farm Cottage, Colne has a single entry in the Land Registry database from February 2011 and a single entry in the EPC database dated May 2024.
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 Greenfield Farm Cottage Colne as £354,001 and the rental value as £1,182 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Greenfield Farm Cottage Colne has increased by £18,321 (5.2%) and its rental value has increased by £14 per month (1.2%).
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 Greenfield Farm Cottage, Colne is in very good condition we estimate a sale value of £371,701 and rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,221 and a rental value of £1,099 per month.
If you were able to purchase this property for the estimated value of £354,001, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,740 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, Greenfield Farm Cottage, Colne sits on a plot of 1170m2.
We have plot size data on 7 out of 12 other houses in the postcode and Greenfield Farm Cottage, Colne sits on the 2nd largest plot.
According to HM Land Registry, Greenfield Farm Cottage, Colne was last sold on 18 Feb 2011 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2011, the market for similar properties has risen 47.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Greenfield Farm Cottage, Colne within a radius of 820 metres over the last 2 years.
The most recent example is 100A, Greenfield Road, Colne, BB8 9QX, a Freehold house which sold for £390,000 in Mar 2024.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greenfield Road, Colne, BB8 has a total of 69 addresses. According to our analysis of all the public data, Greenfield Farm Cottage, Colne is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in BB8.
Greenfield Farm Cottage, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 May 2024.
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 Greenfield Farm Cottage, Colne is Colne station which is 400 metres 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 Greenfield Farm Cottage, Colne, 31.1% of property is privately owned with a mortgage and 31.1% 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 Greenfield Farm Cottage, Colne, 22.8% of residents are recorded as possessing school level qualifications and 22.2% 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 Greenfield Farm Cottage, Colne, the average age was 39.9 and the most common age was 32.
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 Greenfield Farm Cottage, Colne, 0.0% 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 Greenfield Farm Cottage, Colne, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.