21, Lea Bank Mews
21, Lea Bank Mews
Description & Estimates
The public record lists 21, Lea Bank Mews, Nelson as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 766 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
21, Lea Bank Mews, Nelson has an estimated sale value of £100,949 and an estimated rental value of £705 per month, assuming reasonable condition and based on the information available.
Lea Bank Mews, Nelson, BB9 lies in the borough of Pendle, within the BB9 postal district.
Our Data Sources
21, Lea Bank Mews, Nelson has 21 entries in the Land Registry , most recently in January 2014 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 21, Lea Bank Mews, Nelson would be worth £105,997, with a potential rental value of £740 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £93,883, with a rental value of £655 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 21, Lea Bank Mews, Nelson has moved down by £942 (0.9%) over the last year. During the same period, its estimated monthly rental value has increased by £7 (1.0%). The property's estimated gross yield is currently 8.4%.
Sold Prices
21, Lea Bank Mews, Nelson last changed hands on 28th January 2014, selling for £80,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 25.1% since January 2014.
- Sold Jan 2014£80,000
- Sold Apr 2006£94,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 21, Lea Bank Mews, Nelson across the last 2 years.
Most recently, 20, Lea Bank Mews, Nelson, BB9 8TT, a leasehold flat, sold at £75,000 on the 13th February 2018.
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
Our analysis of the public data ranks 21, Lea Bank Mews, Nelson as the 4th largest and the 3rd most expensive of the 26 addresses on Lea Bank Mews, Nelson, BB9.
Against the BB9 postcode district average, it is £45k less expensive than the typical property.
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Schools Nearby
- 600mBradley Primary School
- 700mHoly Saviour Roman Catholic Primary School, Nelson
- 800mCastercliff Primary School
- 400mPendle Vale College
- 900mSs John Fisher and Thomas More Roman Catholic High School
- 1.0kmColne Primet Academy
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Public Transport Nearby
Nelson station is the nearest stop to 21, Lea Bank Mews, Nelson at 1.3 kilometres away.
- 1.3kmNelson
- 1.8kmColne
- 3.2kmBrierfield
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
