18, Bankfield Terrace
18, Bankfield Terrace
Description & Estimates
18, Bankfield Terrace, Bacup is described in the public record as a period house with 1,237 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 18, Bankfield Terrace, Bacup is £100,102 and its rental estimate is £541 per month, given the available information and assuming reasonable condition.
Bankfield Terrace, Bacup, OL13 falls within the OL13 postal district, in the borough of Rossendale.
Our Data Sources
18, Bankfield Terrace, Bacup has no records in the the Land Registry and a single entry in the EPC database dated December 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 18, Bankfield Terrace, Bacup, we estimate a market value of £105,107 and a rental value of £568 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £93,095 and £503 per month respectively.
Recent Market Change
Over the last year, 18, Bankfield Terrace, Bacup has seen its estimated sale value rise by £1,375 (1.4%) and its estimated rental value move up by £3 per month (0.6%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
18, Bankfield Terrace, Bacup has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Bankfield Terrace, Bacup have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th January 2022, was 16, Farholme Lane, Bacup, OL13 0EU, a leasehold house which sold for £85,500.
Read more about house prices in OL13.
- Sold Jan 2022£85,500 | 3 Bed House16, Farholme Lane, Bacup, OL13 0EU16, Farholme Lane, Bacup, OL13 0EU
- Sold Oct 2020£63,500 | 3 Bed House7, Lilac Terrace, Bacup, OL13 8LG7, Lilac Terrace, Bacup, OL13 8LG
- Sold May 2019£55,000 | 3 Bed House9, Lilac Terrace, Bacup, OL13 8LG9, Lilac Terrace, Bacup, OL13 8LG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 8 addresses on Bankfield Terrace, Bacup, OL13, 18, Bankfield Terrace, Bacup comes out as the 2nd largest and the 3rd most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the OL13 district.
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Schools Nearby
- 100mBacup Holy Trinity Stacksteads Church of England Primary School
- 100mSt Joseph's Roman Catholic Primary School, Stacksteads, Bacup
- 1.5kmBacup St Saviour's Community Primary School
- 1.3kmThe Valley Leadership Academy
- 1.8kmBacup and Rawtenstall Grammar School
- 4.4kmAlder Grange School
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Public Transport Nearby
From 18, Bankfield Terrace, Bacup, the nearest station is Walsden, 7.6 kilometres away.
- 7.6kmWalsden
- 8.3kmTodmorden
- 9.7kmSmithy Bridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
