29 Hanover Street

    29, HANOVER STREET, COLNE, BB8 9HD

    This terraced leasehold property on Hanover Street last sold in January 2021 for £78,000. Based on price growth in the BB8 district since then, its estimated current value is £89,498 — placing it in the 3rd percentile nationally and the 16th percentile within BB8. The property covers 55 m² (592 sq ft), giving an estimated value of £1,627 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £78,000

    Jan 2021

    Estimated Valuation

    £89,498

    Est. £/sq ft

    £151/sq ft

    £1,627/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area592 sq ft (55 m²)
    EPC dateAug 2020
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jan 2021

    £78,000

    8 Jun 2005

    £68,950

    12 Mar 2004

    £55,000

    29 Aug 2003

    £28,000

    14 Mar 1997

    £20,000

    Key Metrics

    Estimated valuation£89,498
    Value per sq ft / m²£151/sq ft (£1,627/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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