The Park, Colne
The Park, Colne
Description & Estimates
Public records show The Park, Colne to be a period freehold house with 2,820 ft2 of internal area, sitting on a 1,426 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
The Park, Colne has an estimated sale value of £428,599 and an estimated rental value of £1,457 per month, assuming reasonable condition and based on the information available.
The Park, Colne, BB8 lies in the borough of Pendle, within the BB8 postal district.
Our Data Sources
The Park, Colne has 31 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated August 2015.
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
In very good condition, we estimate The Park, Colne would be worth £450,029, with a potential rental value of £1,530 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £398,597, with a rental value of £1,355 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of The Park, Colne has increased by £17 (0.0%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (1.7%). The property's estimated gross yield is currently 4.1%.
Plot Size
The Park, Colne occupies a 1,426 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
The Park, Colne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2015.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The Park, Colne last changed hands on 12th August 2022, selling for £435,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 71.3% since August 2022.
- Sold Aug 2022£435,000
- Sold May 2016£255,000
- Sold Sep 1999£100,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 500 metres of The Park, Colne across the last 2 years.
Most recently, 1, Carry Field, Colne, BB8 0AR, a freehold house, sold at £395,950 on the 20th August 2021.
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
Our analysis of the public data ranks The Park, Colne as the largest and the most expensive of the 8 addresses on The Park, Colne, BB8.
Against the BB8 postcode district average, it is £248k more expensive than the typical property.
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Schools Nearby
- 0mPark Primary School
- 600mWest Street Community Primary School
- 1.1kmColne Christ Church Church of England Voluntary Aided Primary School
- 700mColne Park High School
- 2.1kmColne Primet Academy
- 2.3kmSs John Fisher and Thomas More Roman Catholic High School
More reading links
Public Transport Nearby
Colne station is the nearest stop to The Park, Colne at 1.5 kilometres away.
- 1.5kmColne
- 4.4kmNelson
- 6.3kmBrierfield
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
