7, Bank Street
7, Bank Street
Description & Estimates
7, Bank Street, Darwen appears in the public record as a leasehold house sitting on a 107 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,544 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 7, Bank Street, Darwen is £137,794 and its rental estimate is £870 per month, given the available information and assuming reasonable condition.
Bank Street, Darwen, BB3 falls within the BB3 postal district.
Our Data Sources
7, Bank Street, Darwen has 21 entries in the Land Registry , most recently in May 2007 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 3 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 7, Bank Street, Darwen, we estimate a market value of £144,684 and a rental value of £913 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £128,149 and £809 per month respectively.
Recent Market Change
Over the last year, 7, Bank Street, Darwen has seen its estimated sale value grow by £126 (0.1%) and its estimated rental value climb by £24 per month (2.8%). This results in an estimated gross rental yield of 7.6%.
Plot Size
HM Land Registry records the plot of land for 7, Bank Street, Darwen as measuring 107 m2.
That makes it the 6th largest plot in the postcode, where 13 of the 22 other houses have recorded plot data.
Sold Prices
The most recent sale of 7, Bank Street, Darwen completed on 30th May 2007 at £120,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 91.9% over the period since May 2007.
- Sold May 2007£120,000
- Sold Jun 2006£45,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Bank Street, Darwen have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2023, was 9, Bank Street, Darwen, BB3 3HE, a leasehold house which sold for £115,000.
Read more about house prices in BB3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 26 addresses on Bank Street, Darwen, BB3, 7, Bank Street, Darwen comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £38k less expensive than the average property across the BB3 district.
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Schools Nearby
- 300mHoly Trinity VC School
- 600mDarwen Aldridge Sudell Primary
- 700mDarwen St Peter's Church of England Primary School
- 100mDarwen Aldridge Community Academy
- 400mDarwen Aldridge Enterprise Studio
- 2.3kmDarwen Vale High School
More reading links
Public Transport Nearby
From 7, Bank Street, Darwen, the nearest station is Darwen, 400 metres away.
- 400mDarwen
- 5.1kmMill Hill (Lancs)
- 5.4kmEntwistle
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
