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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 481, Burnley Road, Colne is a period leasehold house with 1,410 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 481, Burnley Road, Colne is £145,223 and the estimated rental value is £755 per month.
Burnley Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
481, Burnley Road, Colne has 2 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 481, Burnley Road, Colne is in very good condition we estimate a sale value of £152,485 and a rental value of £793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,058 and a rental value of £703 per month.
Over the last 12 months the sale value of 481 Burnley Road Colne has increased by an estimated £969 (0.7%) and its rental value has increased by an estimated £11 per month (1.4%), giving an expected gross yield of 6.2%.
481, Burnley Road, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Mar 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 481, Burnley Road, Colne was last sold on 12th November 2018 for £103,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since November 2018, the market for similar properties has risen 51.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 481, Burnley Road, Colne within a radius of 650 metres over the last 2 years.
The most recent example is 408, Leeds Road, Nelson, BB9 8ET, a leasehold house which sold for £150,000 on the 22nd November 2024.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burnley Road, Colne, BB8 has a total of 198 addresses. According to our analysis of all the public data, 481, Burnley Road, Colne is the 40th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in BB8.
The closest station to 481, Burnley Road, Colne is Colne station which is 1.3 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 481, Burnley Road, Colne, 52.0% of property is privately owned outright and 29.6% 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 481, Burnley Road, Colne, 7.8% of residents are recorded as possessing school level qualifications and 22.9% 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 481, Burnley Road, Colne, the average age was 39.9 and the most common age was 32.
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 481, Burnley Road, Colne, 0.7% 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 481, Burnley Road, Colne, 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.
