According to the public record, High Lea, Colne is a mid-century freehold house with 1,517 ft2 of internal area and sits on a 1,518 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Hill Top, Foulridge, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
High Lea, Colne has 21 entries in the Land Registry database, most recently in April 2007 and a single entry in the EPC database dated December 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 High Lea Colne as £577,806 and the rental value as £1,929 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of High Lea Colne has increased by £9,835 (1.7%) and its rental value has decreased by £42 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 High Lea, Colne is in very good condition we estimate a sale value of £606,697 and rental value of £2,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £537,360 and a rental value of £1,794 per month.
If you were able to purchase this property for the estimated value of £577,806, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,840 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, High Lea, Colne sits on a plot of 1518m2.
We have plot size data on 9 out of 23 other houses in the postcode and High Lea, Colne sits on the 6th largest plot.
According to HM Land Registry, High Lea, Colne was last sold on 02 Apr 2007 for £356,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 33.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to High Lea, Colne within a radius of 2.5 kilometres over the last 2 years.
The most recent example is Longhill Coach House, Hill Top, Colne, BB8 7LR, a Freehold house which sold for £389,000 in May 2019.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hill Top, Foulridge, Colne, BB8 has a total of 23 addresses. According to our analysis of all the public data, High Lea, Colne is the 12th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £408k more expensive than the average property in BB8.
High Lea, Colne has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 20 Dec 2022.
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 High Lea, Colne is Colne station which is 3.2 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 High Lea, Colne, 53.9% of property is privately owned outright and 35.0% 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 High Lea, Colne, 12.2% of residents are recorded as possessing school level qualifications and 32.5% 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 High Lea, 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 High Lea, 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 High Lea, Colne, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.