2b Gibfield Road

    2B, GIBFIELD ROAD, COLNE, BB8 8JT

    This semi-detached leasehold property on Gibfield Road last sold in April 2021 for £113,000. Based on price growth in the BB8 district since then, its estimated current value is £123,686 — placing it in the 7th percentile nationally and the 33rd percentile within BB8. The property covers 98 m² (1,055 sq ft), giving an estimated value of £1,262 per m². The EPC rating is E, with a potential rating of D.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £113,000

    Apr 2021

    Estimated Valuation

    £123,686

    Est. £/sq ft

    £117/sq ft

    £1,262/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area1,055 sq ft (98 m²)
    EPC dateSept 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Apr 2021

    £113,000

    Key Metrics

    Estimated valuation£123,686
    Value per sq ft / m²£117/sq ft (£1,262/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile33rd percentile
    National percentile7th 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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