7a Broken Banks

    7A, BROKEN BANKS, COLNE, BB8 0JY

    This flat/maisonette leasehold property on Broken Banks last sold in September 2022 for £93,000. Based on price growth in the BB8 district since then, its estimated current value is £89,429 — placing it in the 3rd percentile nationally and the 16th percentile within BB8. The property covers 61 m² (657 sq ft), giving an estimated value of £1,466 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £93,000

    Sept 2022

    Estimated Valuation

    £89,429

    Est. £/sq ft

    £136/sq ft

    £1,466/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateJul 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2022

    £93,000

    Key Metrics

    Estimated valuation£89,429
    Value per sq ft / m²£136/sq ft (£1,466/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile16th percentile
    National percentile3rd 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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