Birchenlee Farm Cottage, Colne
Birchenlee Farm Cottage, Colne
Description & Estimates
Birchenlee Farm Cottage, Colne is recorded publicly as a period leasehold house across 764 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Birchenlee Farm Cottage, Colne is £371,038 and its rental estimate is £1,527 per month, given the available information and assuming reasonable condition.
Birchenlee Lane, Colne, BB8 falls within the BB8 postal district, in the borough of Pendle.
Our Data Sources
Birchenlee Farm Cottage, Colne has 21 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated August 2023.
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
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 Birchenlee Farm Cottage, Colne, we estimate a market value of £389,590 and a rental value of £1,603 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £345,066 and £1,420 per month respectively.
Recent Market Change
Over the last year, Birchenlee Farm Cottage, Colne has seen its estimated sale value climb by £5,217 (1.4%) and its estimated rental value rise by £47 per month (3.1%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
Birchenlee Farm Cottage, Colne has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Birchenlee Farm Cottage, Colne completed on 5th July 2024 at £360,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 12.8% over the period since July 2024.
- Sold Jul 2024£360,000
- Sold Nov 2004£349,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Birchenlee Farm Cottage, Colne have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th October 2020, was Pillcroft Barn, Birchenlee Lane, Colne, BB8 8HL, a freehold house which sold for £298,000.
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
Of the 17 addresses on Birchenlee Lane, Colne, BB8, Birchenlee Farm Cottage, Colne comes out as the 12th largest and the 10th most expensive in our analysis of the public data.
It is also £190k more expensive than the average property across the BB8 district.
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Schools Nearby
- 1.2kmWest Street Community Primary School
- 1.5kmColne Lord Street School
- 1.5kmColne Primet Primary School
- 1.5kmSs John Fisher and Thomas More Roman Catholic High School
- 1.5kmColne Primet Academy
- 2.0kmPendle Vale College
More reading links
Public Transport Nearby
From Birchenlee Farm Cottage, Colne, the nearest station is Colne, 1.4 kilometres away.
- 1.4kmColne
- 3.3kmNelson
- 5.2kmBrierfield
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
