15 Red Lane

    15, RED LANE, COLNE, BB8 7JX

    This semi-detached freehold property on Red Lane last sold in August 2017 for £182,500. Based on price growth in the BB8 district since then, its estimated current value is £230,731 — placing it in the 32nd percentile nationally and the 73rd percentile within BB8. The property covers 99 m² (1,066 sq ft), giving an estimated value of £2,331 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,066 sq ft

    99 m²

    Last Sale Price

    £182,500

    Aug 2017

    Estimated Valuation

    £230,731

    Est. £/sq ft

    £217/sq ft

    £2,331/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,066 sq ft (99 m²)
    EPC dateJun 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Aug 2017

    £182,500

    27 Aug 2010

    £180,000

    20 Feb 2008

    £165,000

    Key Metrics

    Estimated valuation£230,731
    Value per sq ft / m²£217/sq ft (£2,331/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile73rd percentile
    National percentile32nd 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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