24 Gibfield Road

    24, GIBFIELD ROAD, COLNE, BB8 8JT

    This terraced leasehold property on Gibfield Road last sold in March 2016 for £116,000. Based on price growth in the BB8 district since then, its estimated current value is £169,951 — placing it in the 17th percentile nationally and the 55th percentile within BB8. The property covers 106 m² (1,141 sq ft), giving an estimated value of £1,603 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £116,000

    Mar 2016

    Estimated Valuation

    £169,951

    Est. £/sq ft

    £149/sq ft

    £1,603/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,141 sq ft (106 m²)
    EPC dateNov 2014
    WallsSandstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Mar 2016

    £116,000

    23 Jan 2015

    £116,000

    12 Mar 2004

    £68,000

    19 Jun 1995

    £29,500

    Key Metrics

    Estimated valuation£169,951
    Value per sq ft / m²£149/sq ft (£1,603/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile55th percentile
    National percentile17th 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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