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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, 8, Phillips Lane, Colne is a period leasehold house with 925 ft2 of internal area.
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 8, Phillips Lane, Colne is £118,340 and the estimated rental value is £719 per month.
Phillips Lane, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
8, Phillips Lane, Colne has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated December 2014.
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 8, Phillips Lane, Colne is in very good condition we estimate a sale value of £124,257 and a rental value of £755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,056 and a rental value of £669 per month.
Over the last 12 months the sale value of 8 Phillips Lane Colne has increased by an estimated £2,513 (2.1%) and its rental value has increased by an estimated £20 per month (2.8%), giving an expected gross yield of 7.3%.
8, Phillips Lane, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Phillips Lane, Colne was last sold on 22nd December 2015 for £72,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has risen 175.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Phillips Lane, Colne within a radius of 870 metres over the last 2 years.
The most recent example is 10, Phillips Lane, Colne, BB8 8JB, a leasehold house which sold for £97,880 on the 8th December 2023.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Phillips Lane, Colne, BB8 has a total of 19 addresses. According to our analysis of all the public data, 8, Phillips Lane, Colne is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in BB8.
The closest station to 8, Phillips Lane, Colne is Colne station which is 700 metres 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 8, Phillips Lane, Colne, 31.1% of property is privately owned with a mortgage and 31.1% is privately rented.
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 8, Phillips Lane, Colne, 22.8% of residents are recorded as possessing school level qualifications and 22.2% 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 8, Phillips Lane, 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 8, Phillips Lane, Colne, 0.0% 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 8, Phillips Lane, 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.
