Apartment 8, The Gables
Apartment 8, The Gables
Description & Estimates
Public records show Apartment 8, The Gables, Colne to be a modern leasehold apartment with 1,442 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Apartment 8, The Gables, Colne has an estimated sale value of £238,555 and an estimated rental value of £919 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Gables, Albert Road, Colne, BB8.
Albert Road, Colne, BB8 lies in the borough of Pendle, within the BB8 postal district.
Our Data Sources
Apartment 8, The Gables, Colne has a single entry in the Land Registry from February 2018 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
In very good condition, we estimate Apartment 8, The Gables, Colne would be worth £250,483, with a potential rental value of £965 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £221,856, with a rental value of £855 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 8, The Gables, Colne has declined by £3,515 (1.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £1 (0.2%). The property's estimated gross yield is currently 4.6%.
Energy Efficiency
Apartment 8, 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
Apartment 8, The Gables, Colne last changed hands on 9th February 2018, selling for £215,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 22.8% since February 2018.
- Sold Feb 2018£215,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 470 metres of Apartment 8, The Gables, Colne across the last 2 years.
Most recently, Apartment 9, The Gables, Albert Road, Colne, BB8 0AE, a leasehold flat, sold at £168,000 on the 14th December 2017.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Apartment 8, The Gables, Colne as the 16th largest and the 14th most expensive of the 62 addresses on Albert Road, Colne, BB8.
Against the BB8 postcode district average, it is £58k more expensive than the typical property.
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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
Colne station is the nearest stop to Apartment 8, The Gables, Colne at 300 metres away.
- 300mColne
- 3.4kmNelson
- 5.3kmBrierfield
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
