Apartment 2 Cotton Mill Works The Arches

    APARTMENT 2 COTTON MILL WORKS, THE ARCHES, COLNE, BB8 8FB

    This flat/maisonette leasehold property on The Arches last sold in December 2016 for £44,000. Based on price growth in the BB8 district since then, its estimated current value is £40,489 — placing it in the 0th percentile nationally and the 1st percentile within BB8. The property covers 49 m² (527 sq ft), giving an estimated value of £826 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    527 sq ft

    49 m²

    Last Sale Price

    £44,000

    Dec 2016

    Estimated Valuation

    £40,489

    Est. £/sq ft

    £77/sq ft

    £826/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area527 sq ft (49 m²)
    EPC dateOct 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Dec 2016

    £44,000

    6 Dec 2013

    £41,000

    19 Dec 2007

    £90,000

    Key Metrics

    Estimated valuation£40,489
    Value per sq ft / m²£77/sq ft (£826/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile1st percentile
    National percentile0th 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

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