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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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169, Pennine Road, Bacup is recorded publicly as a mid-century Leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 169, Pennine Road, Bacup is £70,341 and its rental estimate is £427 per month, given the available information and assuming reasonable condition.
Pennine Road, Bacup, OL13 falls within the OL13 postal district, in the borough of Rossendale.
169, Pennine Road, Bacup has a single entry in the Land Registry from July 2010 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 169, Pennine Road, Bacup, we estimate a market value of £73,858 and a rental value of £448 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £65,417 and £397 per month respectively.
Over the last year, 169, Pennine Road, Bacup has seen its estimated sale value increase by £225 (0.3%) and its estimated rental value decline by £0 per month (0.0%). This results in an estimated gross rental yield of 7.3%.
169, Pennine Road, Bacup has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 169, Pennine Road, Bacup completed on 9th July 2010 at £31,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 100.6% over the period since July 2010.
Over the past 2 years 2 properties similar to 169, Pennine Road, Bacup have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th September 2022, was 141, Pennine Road, Bacup, OL13 9PZ, a leasehold flat which sold for £68,000.
Read more about house prices in OL13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 186 addresses on Pennine Road, Bacup, OL13, 169, Pennine Road, Bacup comes out as the 167th largest and the 181st most expensive in our analysis of the public data.
It is also £152k less expensive than the average property across the OL13 district.
From 169, Pennine Road, Bacup, the nearest station is Walsden, 6.0 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 169, Pennine Road, Bacup, 66.7% of property is socially rented and 17.5% 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 169, Pennine Road, Bacup, 14.2% of residents are recorded as possessing school level qualifications and 18.9% 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 169, Pennine Road, Bacup, the average age was 39.3 and the most common age was 52.
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 169, Pennine Road, Bacup, 1.4% 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 169, Pennine Road, Bacup, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.
