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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1, Cromwell Terrace, Nelson appears in the public record as a leasehold house sitting on a 95 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 2,119 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 1, Cromwell Terrace, Nelson is £249,282 and its rental estimate is £1,220 per month, given the available information and assuming reasonable condition.
Cromwell Terrace, Barrowford, Nelson, BB9 falls within the BB9 postal district, in the borough of Pendle.
1, Cromwell Terrace, Nelson has 51 entries in the Land Registry , most recently in July 2012 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.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Cromwell Terrace, Nelson, we estimate a market value of £261,747 and a rental value of £1,281 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,833 and £1,135 per month respectively.
Over the last year, 1, Cromwell Terrace, Nelson has seen its estimated sale value fall by £474 (0.2%) and its estimated rental value move up by £13 per month (1.1%). This results in an estimated gross rental yield of 5.9%.
HM Land Registry records the plot of land for 1, Cromwell Terrace, Nelson as measuring 95 m2.
That makes it the 3rd largest plot in the postcode, where 3 of the 5 other houses have recorded plot data.
The most recent sale of 1, Cromwell Terrace, Nelson completed on 23rd July 2012 at £250,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 10.9% over the period since July 2012.
Over the past 2 years 1 property similar to 1, Cromwell Terrace, Nelson has sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2015, was 2, Nora Street, Nelson, BB9 8NS, a leasehold house which sold for £180,000.
Read more about house prices in BB9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 7 addresses on Cromwell Terrace, Barrowford, Nelson, BB9, 1, Cromwell Terrace, Nelson comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £103k more expensive than the average property across the BB9 district.
From 1, Cromwell Terrace, Nelson, the nearest station is Nelson, 1.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Cromwell Terrace, Nelson, 36.7% of property is privately owned with a mortgage and 33.3% is privately owned outright.
The graph below shows how this compares to North West 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 1, Cromwell Terrace, Nelson, 21.5% of residents are recorded as possessing school level qualifications and 30.9% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Cromwell Terrace, 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 1, Cromwell Terrace, Nelson, 1.3% 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 1, Cromwell Terrace, Nelson, 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.
