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According to the public record, Flat 7 Mews, Colne is a modern leasehold apartment with 333 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 7 Mews, Colne is £66,490 and the estimated rental value is £441 per month.
The apartment is within Ivegate Mews, Ivegate, Colne, BB8.
Ivegate, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
Flat 7 Mews, Colne has 31 entries in the Land Registry , most recently in May 2012 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Flat 7 Mews, Colne is in very good condition we estimate a sale value of £69,815 and a rental value of £463 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £61,836 and a rental value of £410 per month.
Over the last 12 months the sale value of Flat 7 Mews Colne has decreased by an estimated £136 (0.2%) and its rental value has increased by an estimated £2 per month (0.4%), giving an expected gross yield of 8%.
Flat 7 Mews, Colne has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 7 Mews, Colne was last sold on 2nd May 2012 for £38,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2012, the market for similar properties has risen 121.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7 Mews, Colne within a radius of 430 metres over the last 2 years.
The most recent example is Flat 21, Ivegate Mews, Ivegate, Colne, BB8 9DH, a leasehold flat which sold for £66,000 on the 11th October 2024.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ivegate, Colne, BB8 has a total of 53 addresses. According to our analysis of all the public data, Flat 7 Mews, Colne is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in BB8.
The closest station to Flat 7 Mews, Colne is Colne station which is 800 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 7 Mews, 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 Flat 7 Mews, 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 Flat 7 Mews, 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 Flat 7 Mews, 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.