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According to the public record, 37, Rakehead Lane, Bacup is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,179 ft2 of internal area and sits on a 54.1 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 37, Rakehead Lane, Bacup is £194,313 and the estimated rental value is £1,022 per month.
Rakehead Lane, Bacup, OL13 is located in the borough of Rossendale within the OL13 postal district.
37, Rakehead Lane, Bacup has a single entry in the Land Registry from April 2021 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 3 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 37, Rakehead Lane, Bacup is in very good condition we estimate a sale value of £204,029 and a rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,711 and a rental value of £950 per month.
Over the last 12 months the sale value of 37 Rakehead Lane Bacup has increased by an estimated £5,521 (2.8%) and its rental value has increased by an estimated £44 per month (4.3%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 37, Rakehead Lane, Bacup sits on a plot of 54m2.
We have plot size data on 9 out of 19 other houses in the postcode and 37, Rakehead Lane, Bacup sits on the 4th largest plot.
According to HM Land Registry, 37, Rakehead Lane, Bacup was last sold on 23rd April 2021 for £135,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has risen 37.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Rakehead Lane, Bacup within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 6, James Street, Bacup, OL13 0PW, a leasehold house which sold for £165,000 on the 23rd August 2024.
Read more about house prices in OL13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rakehead Lane, Bacup, OL13 has a total of 21 addresses. According to our analysis of all the public data, 37, Rakehead Lane, Bacup is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in OL13.
The closest station to 37, Rakehead Lane, Bacup is Walsden station which is 8.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 37, Rakehead Lane, Bacup, 42.7% of property is privately owned outright and 26.4% is privately owned with a mortgage.
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 37, Rakehead Lane, Bacup, 14.2% of residents are recorded as possessing school level qualifications and 24.4% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 37, Rakehead Lane, Bacup, the average age was 41.8 and the most common age was 52.
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 37, Rakehead Lane, Bacup, 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 37, Rakehead Lane, Bacup, there are an average of 1.2 cars per household.
See below for how this compares to North West and the rest of England & Wales.