41, Bank Fold
41, Bank Fold
Description & Estimates
Public records show 41, Bank Fold, Nelson to be a mid-century freehold house with 914 ft2 of internal area, sitting on a 472 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
41, Bank Fold, Nelson has an estimated sale value of £312,207 and an estimated rental value of £1,352 per month, assuming reasonable condition and based on the information available.
Bank Fold, Barrowford, Nelson, BB9 lies in the borough of Pendle, within the BB9 postal district.
Our Data Sources
41, Bank Fold, Nelson has a single entry in the Land Registry from August 2021 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.
Price Range & Condition
In very good condition, we estimate 41, Bank Fold, Nelson would be worth £327,817, with a potential rental value of £1,419 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £290,353, with a rental value of £1,257 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 41, Bank Fold, Nelson has moved up by £9,014 (2.9%) over the last year. During the same period, its estimated monthly rental value has increased by £63 (4.7%). The property's estimated gross yield is currently 5.2%.
Plot Size
41, Bank Fold, Nelson occupies a 472 m2 plot as recorded by HM Land Registry.
Of the 44 other houses in this postcode, 40 have recorded plot sizes, and this one ranks as the 29th largest.
Energy Efficiency
41, Bank Fold, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
41, Bank Fold, Nelson last changed hands on 27th August 2021, selling for £250,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 56.8% since August 2021.
- Sold Aug 2021£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 41, Bank Fold, Nelson across the last 2 years.
Most recently, 22, Bank Fold, Nelson, BB9 6JW, a freehold house, sold at £305,000 on the 6th December 2023.
Read more about house prices in BB9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 41, Bank Fold, Nelson as the 41st largest and the 39th most expensive of the 45 addresses on Bank Fold, Barrowford, Nelson, BB9.
Against the BB9 postcode district average, it is £166k more expensive than the typical property.
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Schools Nearby
- 600mBarrowford School
- 1.2kmBarrowford St Thomas Church of England Primary School
- 1.2kmHoly Saviour Roman Catholic Primary School, Nelson
- 1.7kmPendle Vale College
- 1.8kmColne Primet Academy
- 1.9kmSs John Fisher and Thomas More Roman Catholic High School
More reading links
Public Transport Nearby
Colne station is the nearest stop to 41, Bank Fold, Nelson at 2.0 kilometres away.
- 2.0kmColne
- 2.3kmNelson
- 3.8kmBrierfield
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
