12 Bence Street

    12, BENCE STREET, COLNE, BB8 0JH

    This terraced freehold property on Bence Street last sold in October 2023 for £225,000. Based on price growth in the BB8 district since then, its estimated current value is £257,476 — placing it in the 39th percentile nationally and the 79th percentile within BB8. The property covers 218 m² (2,347 sq ft), giving an estimated value of £1,181 per m². The EPC rating is F, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,347 sq ft

    218 m²

    Last Sale Price

    £225,000

    Oct 2023

    Estimated Valuation

    £257,476

    Est. £/sq ft

    £110/sq ft

    £1,181/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageB
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialC
    Floor area2,347 sq ft (218 m²)
    EPC dateApr 2023
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Oct 2023

    £225,000

    30 Nov 1998

    £55,000

    Key Metrics

    Estimated valuation£257,476
    Value per sq ft / m²£110/sq ft (£1,181/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile79th percentile
    National percentile39th percentile

    District Context — BB8

    BB8 covers parts of East Lancashire, including areas around Burnley and the surrounding towns. It is a post-industrial region with a growing focus on affordable family housing and local regeneration.

    Average Property Price - BB8

    £184,684

    8

    National percentile

    Average Net Household Income - BB8

    £25,815

    3

    National percentile

    10-Year Annualised Price Growth - BB8

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - BB

    3.9%

    49

    National percentile

    View full analysis for BB8

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