24, Russell Avenue
24, Russell Avenue
Description & Estimates
24, Russell Avenue, Colne appears in the public record as a freehold house sitting on a 411 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 571 ft2 of internal area and a garden.
Locally, houses of this size normally have 2 bedrooms.
Our estimate of the sale value of 24, Russell Avenue, Colne is £258,218 and its rental estimate is £1,089 per month, given the available information and assuming reasonable condition.
Russell Avenue, Colne, BB8 falls within the BB8 postal district, in the borough of Pendle.
Our Data Sources
24, Russell Avenue, Colne has 41 entries in the Land Registry , most recently in October 2009 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 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 24, Russell Avenue, Colne, we estimate a market value of £271,129 and a rental value of £1,143 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £240,143 and £1,013 per month respectively.
Recent Market Change
Over the last year, 24, Russell Avenue, Colne has seen its estimated sale value grow by £5,521 (2.1%) and its estimated rental value climb by £42 per month (3.8%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 24, Russell Avenue, Colne as measuring 411 m2.
That makes it the largest plot in the postcode, where 24 of the 28 other houses have recorded plot data.
Sold Prices
The most recent sale of 24, Russell Avenue, Colne completed on 12th October 2009 at £44,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 181.2% over the period since October 2009.
- Sold Oct 2009£44,500
- Sold Nov 2006£42,500
- Sold May 2005£85,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 24, Russell Avenue, Colne has sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th September 2012, was 6, Regent Avenue, Colne, BB8 7AX, a freehold house which sold for £164,000.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 28 addresses on Russell Avenue, Colne, BB8, 24, Russell Avenue, Colne comes out as the 28th largest and the most expensive in our analysis of the public data.
It is also £77k more expensive than the average property across the BB8 district.
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Schools Nearby
- 500mSacred Heart Roman Catholic Primary School, a Voluntary Academy
- 700mPark Primary School
- 800mWest Street Community Primary School
- 600mColne Park High School
- 2.2kmColne Primet Academy
- 2.4kmSs John Fisher and Thomas More Roman Catholic High School
More reading links
Public Transport Nearby
From 24, Russell Avenue, Colne, the nearest station is Colne, 1.4 kilometres away.
- 1.4kmColne
- 4.5kmNelson
- 6.4kmBrierfield
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
