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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, Valley Mill Court, Colne is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,291 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Valley Mill Court, Colne is £206,559 and the estimated rental value is £796 per month.
Valley Mill Court, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
5, Valley Mill Court, Colne has 31 entries in the Land Registry , most recently in May 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Valley Mill Court, Colne is in very good condition we estimate a sale value of £216,887 and a rental value of £836 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,100 and a rental value of £740 per month.
Over the last 12 months the sale value of 5 Valley Mill Court Colne has decreased by an estimated £3,044 (1.5%) and its rental value has increased by an estimated £1 per month (0.2%), giving an expected gross yield of 4.6%.
According to HM Land Registry, 5, Valley Mill Court, Colne was last sold on 27th May 2016 for £175,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2016, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.3 kilometres radius of 5, Valley Mill Court, Colne over the last 2 years.
The most recent example is 3, Valley Mill Court, Colne, BB8 7ND, a freehold house which sold for £300,000 on the 16th June 2023.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valley Mill Court, Colne, BB8 has a total of 11 addresses. According to our analysis of all the public data, 5, Valley Mill Court, Colne is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in BB8.
The closest station to 5, Valley Mill Court, Colne is Colne station which is 4.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 5, Valley Mill Court, Colne, 40.4% of property is privately owned outright and 32.9% 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 5, Valley Mill Court, Colne, 15.9% of residents are recorded as possessing school level qualifications and 36.8% 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, Valley Mill Court, 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 5, Valley Mill Court, Colne, 2.1% 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, Valley Mill Court, Colne, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
