124, Bankside Lane
124, Bankside Lane
Description & Estimates
124, Bankside Lane, Bacup is recorded publicly as an early-century leasehold house across 858 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 124, Bankside Lane, Bacup is £234,859 and its rental estimate is £1,102 per month, given the available information and assuming reasonable condition.
Bankside Lane, Bacup, OL13 falls within the OL13 postal district, in the borough of Rossendale.
Our Data Sources
124, Bankside Lane, Bacup has a single entry in the Land Registry from January 2014 and a single entry in the EPC database dated June 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 124, Bankside Lane, Bacup, we estimate a market value of £246,602 and a rental value of £1,157 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £218,419 and £1,025 per month respectively.
Recent Market Change
Over the last year, 124, Bankside Lane, Bacup has seen its estimated sale value climb by £10,135 (4.3%) and its estimated rental value rise by £39 per month (3.5%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
124, Bankside Lane, Bacup has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 124, Bankside Lane, Bacup completed on 21st January 2014 at £94,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 73.5% over the period since January 2014.
- Sold Jan 2014£94,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 124, Bankside Lane, Bacup have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 65, Bankside Lane, Bacup, OL13 8HP, a freehold house which sold for £250,000.
Read more about house prices in OL13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 125 addresses on Bankside Lane, Bacup, OL13, 124, Bankside Lane, Bacup comes out as the 95th largest and the 75th most expensive in our analysis of the public data.
It is also £12k more expensive than the average property across the OL13 district.
More reading links
Schools Nearby
- 700mBacup St Saviour's Community Primary School
- 900mSt Joseph's Roman Catholic Primary School, Stacksteads, Bacup
- 1.1kmBacup Holy Trinity Stacksteads Church of England Primary School
- 2.2kmThe Valley Leadership Academy
- 2.7kmBacup and Rawtenstall Grammar School
- 4.7kmWhitworth Community High School
More reading links
Public Transport Nearby
From 124, Bankside Lane, Bacup, the nearest station is Walsden, 6.7 kilometres away.
- 6.7kmWalsden
- 7.3kmTodmorden
- 9.4kmSmithy Bridge
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
