2, Mill Bank Close
2, Mill Bank Close
Description & Estimates
2, Mill Bank Close, Todmorden is recorded publicly as a modern freehold house across 1,270 ft2 of internal area, sitting on a 162 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Mill Bank Close, Todmorden is £312,867 and its rental estimate is £1,119 per month, given the available information and assuming reasonable condition.
Mill Bank Close, Todmorden, OL14 falls within the OL14 postal district, in the borough of Calderdale.
Our Data Sources
2, Mill Bank Close, Todmorden has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated June 2020.
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 2, Mill Bank Close, Todmorden, we estimate a market value of £328,510 and a rental value of £1,175 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,966 and £1,041 per month respectively.
Recent Market Change
Over the last year, 2, Mill Bank Close, Todmorden has seen its estimated sale value grow by £2,105 (0.7%) and its estimated rental value climb by £13 per month (1.1%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 2, Mill Bank Close, Todmorden as measuring 162 m2.
That makes it the 2nd largest plot in the postcode, where all 22 other houses have recorded plot data.
Energy Efficiency
2, Mill Bank Close, Todmorden has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jun 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Mill Bank Close, Todmorden completed on 18th December 2020 at £226,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 55.8% over the period since December 2020.
- Sold Dec 2020£226,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Mill Bank Close, Todmorden have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was 8, Mill Bank Close, Todmorden, OL14 5SA, a freehold house which sold for £295,000.
Read more about house prices in OL14.
- Sold Aug 2024£295,000 | 4 Bed House8, Mill Bank Close, Todmorden, OL14 5SA8, Mill Bank Close, Todmorden, OL14 5SA
- Sold Oct 2023£262,000 | 4 Bed House12, Mill Bank Close, Todmorden, OL14 5SA12, Mill Bank Close, Todmorden, OL14 5SA
- Sold Feb 2021£220,000 | 4 Bed House4, Mill Bank Close, Todmorden, OL14 5SA4, Mill Bank Close, Todmorden, OL14 5SA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 34 addresses on Mill Bank Close, Todmorden, OL14, 2, Mill Bank Close, Todmorden comes out as the 6th largest and the 5th most expensive in our analysis of the public data.
It is also £75k more expensive than the average property across the OL14 district.
More reading links
Schools Nearby
- 700mSt Joseph's Roman Catholic Voluntary Academy
- 900mTodmorden CofE J, I & N School
- 1.2kmFerney Lee Primary School
- 1.7kmTodmorden High School, A SHARE Academy
- 8.4kmWardle Academy
- 8.8kmWhitworth Community High School
More reading links
Public Transport Nearby
From 2, Mill Bank Close, Todmorden, the nearest station is Todmorden, 800 metres away.
- 800mTodmorden
- 2.3kmWalsden
- 5.8kmHebden 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 high, based on Environment Agency data.
