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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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According to the public record, 16, Phillips Lane, Colne is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,463 ft2 of internal area and sits on a 119 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Phillips Lane, Colne is £149,771 and the estimated rental value is £779 per month.
Phillips Lane, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
16, Phillips Lane, Colne has 21 entries in the Land Registry , most recently in April 2022 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 3 out of 5 and is considered of medium accuracy.
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 16, Phillips Lane, Colne is in very good condition we estimate a sale value of £157,260 and a rental value of £818 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,287 and a rental value of £725 per month.
Over the last 12 months the sale value of 16 Phillips Lane Colne has increased by an estimated £999 (0.7%) and its rental value has increased by an estimated £11 per month (1.4%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 16, Phillips Lane, Colne sits on a plot of 119m2.
We have plot size data on 7 out of 19 other houses in the postcode and 16, Phillips Lane, Colne sits on the 2nd largest plot.
According to HM Land Registry, 16, Phillips Lane, Colne was last sold on 11th April 2022 for £159,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2022, the market for similar properties has risen 128.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Phillips Lane, Colne within a radius of 870 metres over the last 2 years.
The most recent example is 201, Burnley Road, Colne, BB8 8JD, a leasehold house which sold for £72,500 on the 14th October 2022.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Phillips Lane, Colne, BB8 has a total of 19 addresses. According to our analysis of all the public data, 16, Phillips Lane, Colne is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in BB8.
The closest station to 16, Phillips Lane, Colne is Colne station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 16, Phillips Lane, Colne, 31.1% of property is privately owned with a mortgage and 31.1% is privately rented.
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 16, Phillips Lane, Colne, 22.8% of residents are recorded as possessing school level qualifications and 22.2% 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 16, Phillips Lane, Colne, the average age was 39.9 and the most common age was 32.
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 16, Phillips Lane, Colne, 0.0% 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 16, Phillips Lane, Colne, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.
