According to the public record, Holmrook, Colne is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 762 ft2 of internal area and sits on a 1,414 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Skipton Old Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
Holmrook, Colne has a single entry in the Land Registry database from September 2017 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 Holmrook Colne as £240,081 and the rental value as £948 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Holmrook Colne has increased by £7,345 (3.1%) and its rental value has decreased by £6 per month (0.7%).
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 Holmrook, Colne is in very good condition we estimate a sale value of £252,085 and rental value of £996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £223,275 and a rental value of £882 per month.
If you were able to purchase this property for the estimated value of £240,081, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,180 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, Holmrook, Colne sits on a plot of 1414m2.
We have plot size data on 8 out of 18 other houses in the postcode and Holmrook, Colne sits on the largest plot.
According to HM Land Registry, Holmrook, Colne was last sold on 01 Sep 2017 for £125,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Sep 2017, the market for similar properties has risen 28.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Holmrook, Colne within a radius of 980 metres over the last 2 years.
The most recent example is 31, Windermere Avenue, Colne, BB8 7AP, a Freehold house which sold for £200,000 in Dec 2023.
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, Holmrook, Colne is the 82nd largest and the 80th most expensive property on the street.
When compared to the postcode district it is £70k more expensive than the average property in BB8.
The closest station to Holmrook, Colne is Colne station which is 2.5 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 Holmrook, Colne, 46.0% 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 Holmrook, Colne, 20.2% of residents are recorded as possessing school level qualifications and 42.7% 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 Holmrook, 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 Holmrook, Colne, 3.3% 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 Holmrook, Colne, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.