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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, Flat 2, Fern Lea, Nelson is a period apartment with 516 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 Flat 2, Fern Lea, Nelson is £70,269 and the estimated rental value is £550 per month.
The apartment is within Fern Lea, Netherfield Road, Nelson, BB9.
Netherfield Road, Nelson, BB9 is located in the borough of Pendle within the BB9 postal district.
Flat 2, Fern Lea, Nelson has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 2, Fern Lea, Nelson is in very good condition we estimate a sale value of £73,782 and a rental value of £577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,350 and a rental value of £511 per month.
Over the last 12 months the sale value of Flat 2 Fern Lea Nelson has decreased by an estimated £656 (0.9%) and its rental value has increased by an estimated £5 per month (1.0%), giving an expected gross yield of 9.4%.
Flat 2, Fern Lea, Nelson has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, Fern Lea, Nelson within a radius of 440 metres over the last 2 years.
The most recent example is 117-121, Leeds Road, Nelson, BB9 9UA, a leasehold flat which sold for £110,000 on the 8th May 2019.
Read more about house prices in BB9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Netherfield Road, Nelson, BB9 has a total of 45 addresses. According to our analysis of all the public data, Flat 2, Fern Lea, Nelson is the 41st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in BB9.
The closest station to Flat 2, Fern Lea, Nelson is Nelson station which is 400 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 Flat 2, Fern Lea, Nelson, 80.9% of property is socially rented and 10.4% is privately owned outright.
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 Flat 2, Fern Lea, Nelson, 13.3% of residents are recorded as possessing school level qualifications and 18.4% 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 Flat 2, Fern Lea, Nelson, the average age was 34.7 and the most common age was 12.
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 Flat 2, Fern Lea, Nelson, 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 Flat 2, Fern Lea, Nelson, there are an average of 0.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.
