31 Hanover Street

    31, HANOVER STREET, COLNE, BB8 9HD

    This terraced leasehold property on Hanover Street last sold in January 2022 for £88,000. Based on price growth in the BB8 district since then, its estimated current value is £94,736 — placing it in the 3rd percentile nationally and the 18th percentile within BB8. The property covers 73 m² (786 sq ft), giving an estimated value of £1,298 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    786 sq ft

    73 m²

    Last Sale Price

    £88,000

    Jan 2022

    Estimated Valuation

    £94,736

    Est. £/sq ft

    £121/sq ft

    £1,298/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area786 sq ft (73 m²)
    EPC dateMay 2016
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Jan 2022

    £88,000

    11 Jul 2016

    £72,500

    9 Feb 2001

    £22,000

    Key Metrics

    Estimated valuation£94,736
    Value per sq ft / m²£121/sq ft (£1,298/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile18th 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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