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According to the public record, 4, Towler Drive, Colne is a modern freehold house with 1,463 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Towler Drive, Colne is £416,733 and the estimated rental value is £1,450 per month.
Towler Drive, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
4, Towler Drive, Colne has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated September 2022.
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.
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 4, Towler Drive, Colne is in very good condition we estimate a sale value of £437,570 and a rental value of £1,522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,562 and a rental value of £1,348 per month.
Over the last 12 months the sale value of 4 Towler Drive Colne has increased by an estimated £2,780 (0.7%) and its rental value has increased by an estimated £20 per month (1.4%), giving an expected gross yield of 4.2%.
4, Towler Drive, Colne has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Towler Drive, Colne was last sold on 6th December 2022 for £389,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Towler Drive, Colne within a radius of 770 metres over the last 2 years.
The most recent example is 1, Towler Drive, Colne, BB8 7GN, a freehold house which sold for £429,950 on the 25th October 2023.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Towler Drive, Colne, BB8 has a total of 37 addresses. According to our analysis of all the public data, 4, Towler Drive, Colne is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £238k more expensive than the average property in BB8.
The closest station to 4, Towler Drive, Colne is Colne station which is 1.3 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 4, Towler Drive, Colne, % 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 4, Towler Drive, Colne, 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 4, Towler Drive, Colne, 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 4, Towler Drive, Colne, 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.