According to the public record, Mitton House, Nelson is a early-century freehold house with 1,732 ft2 of internal area and sits on a 725 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mitton Cottages, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
Mitton House, Nelson has 21 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated July 2021.
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 Mitton House Nelson as £459,645 and the rental value as £1,534 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Mitton House Nelson has increased by £4,673 (1.0%) and its rental value has decreased by £43 per month (2.8%).
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 Mitton House, Nelson is in very good condition we estimate a sale value of £482,627 and rental value of £1,611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,470 and a rental value of £1,427 per month.
If you were able to purchase this property for the estimated value of £459,645, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,259 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, Mitton House, Nelson sits on a plot of 725m2.
We have plot size data on 5 out of 5 other houses in the postcode and Mitton House, Nelson sits on the 2nd largest plot.
According to HM Land Registry, Mitton House, Nelson was last sold on 24 Sep 2021 for £480,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Mitton House, Nelson within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 53, Barnoldswick Road, Nelson, BB9 6AT, a Freehold house which sold for £343,000 in May 2019.
Read more about house prices in BB9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mitton Cottages, Barrowford, Nelson, BB9 has a total of 5 addresses. According to our analysis of all the public data, Mitton House, Nelson is the largest and the most expensive property on the street.
When compared to the postcode district it is £328k more expensive than the average property in BB9.
Mitton House, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jul 2021.
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 Mitton House, Nelson is Colne station which is 1.7 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 Mitton House, Nelson, 53.5% of property is privately owned outright and 40.6% 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 Mitton House, Nelson, 17.0% of residents are recorded as possessing school level qualifications and 42.1% 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 Mitton House, Nelson, the average age was 46.1 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 Mitton House, Nelson, 0.8% 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 Mitton House, Nelson, 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.