Apartment 7, The Gables
Apartment 7, The Gables
Description & Estimates
According to the public record, Apartment 7, The Gables, Colne is a modern leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 7, The Gables, Colne is £200,158 and the estimated rental value is £759 per month.
The apartment is within The Gables, Albert Road, Colne, BB8.
Albert Road, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
Our Data Sources
Apartment 7, The Gables, Colne has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated July 2017.
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
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 Apartment 7, The Gables, Colne is in very good condition we estimate a sale value of £210,166 and a rental value of £797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,147 and a rental value of £706 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 7, The Gables, Colne has fallen by £2,630 (1.3%), while its estimated rental value has moved up by £2 per month (0.3%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Energy Efficiency
Apartment 7, The Gables, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Apartment 7, The Gables, Colne was last sold on 18th September 2017 for £185,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2017, the market for similar properties has risen by 13.0%.
- Sold Sep 2017£185,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 7, The Gables, Colne within a radius of 470 metres over the last 2 years.
The most recent example is Apartment 2, The Gables, Albert Road, Colne, BB8 0AE, a leasehold flat which sold for £250,000 on the 11th June 2021.
Read more about house prices in BB8.
- Sold Jun 2021£250,000 | 3 Bed FlatThe Gables, Albert RoadApartment 2, The Gables, Albert Road, Colne, BB8 0AE
- Sold Aug 2017£145,000 | 2 Bed FlatThe Gables, Albert RoadApartment 3, The Gables, Albert Road, Colne, BB8 0AE
- Sold Jun 2017£200,000 | 3 Bed FlatThe Gables, Albert RoadApartment 4, The Gables, Albert Road, Colne, BB8 0AE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Albert Road, Colne, BB8 has a total of 62 addresses. According to our analysis of all the public data, Apartment 7, The Gables, Colne is the 33rd largest and the 18th most expensive property on the street.
When compared to the postcode district it is £19k more expensive than the average property in BB8.
More reading links
Schools Nearby
- 100mColne Lord Street School
- 600mWest Street Community Primary School
- 1.0kmColne Primet Primary School
- 1.1kmColne Primet Academy
- 1.4kmSs John Fisher and Thomas More Roman Catholic High School
- 1.6kmColne Park High School
More reading links
Public Transport Nearby
The closest station to Apartment 7, The Gables, Colne is Colne station, which is 300 metres away.
- 300mColne
- 3.4kmNelson
- 5.3kmBrierfield
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
