561, Gisburn Road
561, Gisburn Road
Description & Estimates
561, Gisburn Road, Nelson is recorded publicly as a period freehold house across 785 ft2 of internal area, sitting on a 88.7 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 561, Gisburn Road, Nelson is £177,625 and its rental estimate is £970 per month, given the available information and assuming reasonable condition.
Gisburn Road, Blacko, Nelson, BB9 falls within the BB9 postal district, in the borough of Pendle.
Our Data Sources
561, Gisburn Road, Nelson has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated February 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 561, Gisburn Road, Nelson, we estimate a market value of £186,506 and a rental value of £1,018 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,191 and £902 per month respectively.
Recent Market Change
Over the last year, 561, Gisburn Road, Nelson has seen its estimated sale value rise by £5,128 (2.9%) and its estimated rental value move up by £45 per month (4.7%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 561, Gisburn Road, Nelson as measuring 89 m2.
That makes it the 24th largest plot in the postcode, where 33 of the 40 other houses have recorded plot data.
Energy Efficiency
561, Gisburn Road, Nelson has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 561, Gisburn Road, Nelson completed on 11th May 2018 at £115,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 49.0% over the period since May 2018.
- Sold May 2018£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 561, Gisburn Road, Nelson have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th May 2022, was 458, Gisburn Road, Nelson, BB9 6LZ, a freehold house which sold for £150,000.
Read more about house prices in BB9.
- Sold May 2022£150,000 | 2 Bed House458, Gisburn Road, Nelson, BB9 6LZ458, Gisburn Road, Nelson, BB9 6LZ
- Sold Dec 2021£124,950 | 3 Bed House545, Gisburn Road, Nelson, BB9 6LZ545, Gisburn Road, Nelson, BB9 6LZ
- Sold Oct 2019£157,750 | 3 Bed House557, Gisburn Road, Nelson, BB9 6LZ557, Gisburn Road, Nelson, BB9 6LZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 180 addresses on Gisburn Road, Blacko, Nelson, BB9, 561, Gisburn Road, Nelson comes out as the 126th largest and the 139th most expensive in our analysis of the public data.
It is also £31k more expensive than the average property across the BB9 district.
More reading links
Schools Nearby
- 500mBlacko Primary School
- 2.3kmBarrowford School
- 2.5kmBarrowford St Thomas Church of England Primary School
- 3.2kmColne Primet Academy
- 3.4kmSs John Fisher and Thomas More Roman Catholic High School
- 3.5kmPendle Vale College
More reading links
Public Transport Nearby
From 561, Gisburn Road, Nelson, the nearest station is Colne, 3.1 kilometres away.
- 3.1kmColne
- 4.1kmNelson
- 5.4kmBrierfield
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
