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According to the public record, Apartment 9, The Gables, Colne is a modern leasehold apartment with 1,239 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 9, The Gables, Colne is £220,591 and the estimated rental value is £850 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.
Apartment 9, The Gables, Colne has a single entry in the Land Registry from December 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.
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 9, The Gables, Colne is in very good condition we estimate a sale value of £231,620 and a rental value of £893 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,149 and a rental value of £791 per month.
Over the past 12 months, the estimated sale value of Apartment 9, The Gables, Colne has declined by £3,250 (1.5%), while its estimated rental value has climbed by £1 per month (0.2%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Apartment 9, 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.
According to HM Land Registry, Apartment 9, The Gables, Colne was last sold on 14th December 2017 for £168,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2017, the market for similar properties has risen by 22.7%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 9, 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Colne, BB8 has a total of 62 addresses. According to our analysis of all the public data, Apartment 9, The Gables, Colne is the 25th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in BB8.
The closest station to Apartment 9, The Gables, Colne is Colne station, which is 300 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 Apartment 9, The Gables, Colne, % of property is and % is .
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 Apartment 9, The Gables, Colne, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Apartment 9, The Gables, 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 Apartment 9, The Gables, Colne, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.
