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According to the public record, Maycroft, Colne is a period freehold house with 1,840 ft2 of internal area and sits on a 690 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Maycroft, Colne is £636,566 and the estimated rental value is £2,214 per month.
Red Lane, Colne, BB8 is located in the borough of Pendle within the BB8 postal district.
Maycroft, Colne has a single entry in the Land Registry from November 2015 and a single entry in the EPC database dated May 2013.
We combine this information with that 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 Maycroft, Colne is in very good condition we estimate a sale value of £668,394 and a rental value of £2,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £592,006 and a rental value of £2,059 per month.
Over the last 12 months the sale value of Maycroft Colne has increased by an estimated £4,246 (0.7%) and its rental value has increased by an estimated £31 per month (1.4%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, Maycroft, Colne sits on a plot of 690m2.
We have plot size data on 22 out of 24 other houses in the postcode and Maycroft, Colne sits on the 22nd largest plot.
Maycroft, Colne has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Maycroft, Colne was last sold on 30th November 2015 for £391,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2015, the market for similar properties has dropped 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Maycroft, Colne within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 8, Burling Lane, Colne, BB8 7GL, a freehold house which sold for £529,950 on the 28th February 2020.
Read more about house prices in BB8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Red Lane, Colne, BB8 has a total of 70 addresses. According to our analysis of all the public data, Maycroft, Colne is the 19th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £458k more expensive than the average property in BB8.
The closest station to Maycroft, Colne is Colne station which is 1.4 kilometres 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 Maycroft, 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 Maycroft, 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 Maycroft, 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 Maycroft, 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.