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According to the public record, 3, Marsden Mews, Nelson is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Marsden Mews, Nelson is £137,324 and the estimated rental value is £817 per month.
Marsden Mews, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
3, Marsden Mews, Nelson has a single entry in the Land Registry from February 2007 and a single entry in the EPC database dated March 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Marsden Mews, Nelson is in very good condition we estimate a sale value of £144,190 and a rental value of £858 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,711 and a rental value of £760 per month.
Over the last 12 months the sale value of 3 Marsden Mews Nelson has increased by an estimated £1,960 (1.4%) and its rental value has increased by an estimated £8 per month (1.0%), giving an expected gross yield of 7.1%.
3, Marsden Mews, Nelson has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Marsden Mews, Nelson was last sold on 9th February 2007 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has dropped 37.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Marsden Mews, Nelson within a radius of 530 metres over the last 2 years.
The most recent example is 4, Marsden Mews, Nelson, BB9 0UD, a leasehold flat which sold for £39,000 on the 2nd December 2013.
Read more about house prices in BB9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marsden Mews, Nelson, BB9 has a total of 4 addresses. According to our analysis of all the public data, 3, Marsden Mews, Nelson is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in BB9.
The closest station to 3, Marsden Mews, Nelson is Nelson station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Marsden Mews, Nelson, % of property is and % is .
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Marsden Mews, Nelson, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Marsden Mews, Nelson, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Marsden Mews, Nelson, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.