2, Park Avenue
2, Park Avenue
Description & Estimates
2, Park Avenue, Nelson is recorded publicly as a mid-century freehold house across 1,668 ft2 of internal area, sitting on a 765 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Park Avenue, Nelson is £388,475 and its rental estimate is £1,376 per month, given the available information and assuming reasonable condition.
Park Avenue, Barrowford, Nelson, BB9 falls within the BB9 postal district, in the borough of Pendle.
Our Data Sources
2, Park Avenue, Nelson has 41 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated September 2017.
We combine this information with that 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 2, Park Avenue, Nelson, we estimate a market value of £407,898 and a rental value of £1,445 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £361,281 and £1,280 per month respectively.
Recent Market Change
Over the last year, 2, Park Avenue, Nelson has seen its estimated sale value move up by £7,073 (1.8%) and its estimated rental value increase by £53 per month (3.9%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 2, Park Avenue, Nelson as measuring 765 m2.
That makes it the 3rd largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
2, Park Avenue, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2017.
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 2, Park Avenue, Nelson completed on 30th September 2021 at £320,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 52.2% over the period since September 2021.
- Sold Sep 2021£320,000
- Sold Jun 2018£265,000
- Sold Dec 2002£153,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Park Avenue, Nelson have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th May 2024, was 4, Chevassut Close, Nelson, BB9 6DR, a freehold house which sold for £310,000.
Read more about house prices in BB9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 26 addresses on Park Avenue, Barrowford, Nelson, BB9, 2, Park Avenue, Nelson comes out as the 9th largest and the 4th most expensive in our analysis of the public data.
It is also £242k more expensive than the average property across the BB9 district.
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Schools Nearby
- 400mLomeshaye Junior School
- 600mWhitefield Infant School and Nursery
- 1.0kmSt John Southworth RC Primary School, A Voluntary Academy
- 1.5kmMarsden Heights Community College
- 2.0kmPendle Vale College
- 2.5kmSs John Fisher and Thomas More Roman Catholic High School
More reading links
Public Transport Nearby
From 2, Park Avenue, Nelson, the nearest station is Nelson, 1.0 kilometres away.
- 1.0kmNelson
- 1.9kmBrierfield
- 3.4kmColne
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 medium, based on Environment Agency data.
