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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, 5, Riverside Way, Nelson is a modern freehold house with 850 ft2 of internal area and sits on a 175 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Riverside Way, Nelson is £256,086 and the estimated rental value is £1,156 per month.
Riverside Way, Barrowford, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
5, Riverside Way, Nelson has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property 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 5, Riverside Way, Nelson is in very good condition we estimate a sale value of £268,891 and a rental value of £1,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,160 and a rental value of £1,075 per month.
Over the last 12 months the sale value of 5 Riverside Way Nelson has increased by an estimated £7,394 (2.9%) and its rental value has increased by an estimated £54 per month (4.7%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 5, Riverside Way, Nelson sits on a plot of 175m2.
We have plot size data on 1 out of 11 other houses in the postcode and 5, Riverside Way, Nelson sits on the largest plot.
5, Riverside Way, Nelson has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Apr 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, 5, Riverside Way, Nelson was last sold on 30th May 2022 for £245,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 47.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Riverside Way, Nelson within a radius of 850 metres over the last 2 years.
The most recent example is 55, Trough Laithe Road, Nelson, BB9 6ET, a leasehold house which sold for £64,500 on the 28th May 2024.
Read more about house prices in BB9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside Way, Barrowford, Nelson, BB9 has a total of 17 addresses. According to our analysis of all the public data, 5, Riverside Way, Nelson is the 14th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in BB9.
The closest station to 5, Riverside Way, Nelson is Nelson station which is 1.4 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 5, Riverside Way, Nelson, 68.9% of property is privately owned outright and 25.2% 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 5, Riverside Way, Nelson, 17.3% of residents are recorded as possessing school level qualifications and 37.7% 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 5, Riverside Way, Nelson, the average age was 46.1 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 5, Riverside Way, Nelson, 1.8% 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 5, Riverside Way, Nelson, there are an average of 1.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
