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Public records show 4, Forest Bank, Colne to be a modern freehold house with 925 ft2 of internal area, sitting on a 185 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Forest Bank, Colne has an estimated sale value of £251,892 and an estimated rental value of £980 per month, assuming reasonable condition and based on the information available.
Forest Bank, Trawden, Colne, BB8 lies in the borough of Pendle, within the BB8 postal district.
4, Forest Bank, Colne has 31 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 4, Forest Bank, Colne would be worth £264,487, with a potential rental value of £1,029 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £234,260, with a rental value of £912 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 4, Forest Bank, Colne has risen by £3,542 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £30 (3.1%). The property's estimated gross yield is currently 4.7%.
4, Forest Bank, Colne occupies a 185 m2 plot as recorded by HM Land Registry.
All 14 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
4, Forest Bank, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
4, Forest Bank, Colne last changed hands on 17th September 2024, selling for £240,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 17.0% since September 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.8 kilometres of 4, Forest Bank, Colne across the last 2 years.
Most recently, 16, Forest Bank, Colne, BB8 8NH, a freehold house, sold at £250,000 on the 22nd July 2022.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 4, Forest Bank, Colne as the 10th largest and the 10th most expensive of the 14 addresses on Forest Bank, Trawden, Colne, BB8.
Against the BB8 postcode district average, it is £71k more expensive than the typical property.
Colne station is the nearest stop to 4, Forest Bank, Colne at 3.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a medium risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Forest Bank, Colne, 44.8% of property is privately owned outright and 41.9% 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 4, Forest Bank, Colne, 17.1% of residents are recorded as possessing school level qualifications and 36.5% 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 4, Forest Bank, Colne, the average age was 45.1 and the most common age was 57.
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 4, Forest Bank, Colne, 1.0% 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 4, Forest Bank, Colne, there are an average of 1.7 cars per household.
See below for how this compares to North West and the rest of England & Wales.