According to the public record, Higher Ball Grove Cottage, Colne is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,576 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Skipton Old Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
Higher Ball Grove Cottage, Colne has 31 entries in the Land Registry database, most recently in November 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Higher Ball Grove Cottage Colne as £422,151 and the rental value as £1,409 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Higher Ball Grove Cottage Colne has increased by £6,893 (1.6%) and its rental value has decreased by £29 per month (2.0%).
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 Higher Ball Grove Cottage, Colne is in very good condition we estimate a sale value of £443,259 and rental value of £1,480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £392,601 and a rental value of £1,310 per month.
If you were able to purchase this property for the estimated value of £422,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,075 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, Higher Ball Grove Cottage, Colne was last sold on 03 Nov 2016 for £227,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2016, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Higher Ball Grove Cottage, Colne within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Higher Ball Grove Farm, Skipton Old Road, Colne, BB8 7EE, a Freehold house which sold for £385,000 in Jun 2021.
Read more about house prices in BB8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Skipton Old Road, Colne, BB8 has a total of 89 addresses. According to our analysis of all the public data, Higher Ball Grove Cottage, Colne is the 36th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £252k more expensive than the average property in BB8.
The closest station to Higher Ball Grove Cottage, Colne is Colne station which is 2.8 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 Higher Ball Grove Cottage, Colne, 46.0% of property is privately owned outright and 28.6% 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 Higher Ball Grove Cottage, Colne, 9.2% of residents are recorded as possessing school level qualifications and 36.4% 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 Higher Ball Grove Cottage, 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 Higher Ball Grove Cottage, Colne, 1.4% 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 Higher Ball Grove Cottage, Colne, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.