7 Hanover Street

    7, HANOVER STREET, COLNE, BB8 9HD

    This terraced leasehold property on Hanover Street last sold in August 2023 for £105,000. Based on price growth in the BB8 district since then, its estimated current value is £120,155 — placing it in the 7th percentile nationally and the 31st percentile within BB8. The property covers 61 m² (657 sq ft), giving an estimated value of £1,970 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £105,000

    Aug 2023

    Estimated Valuation

    £120,155

    Est. £/sq ft

    £183/sq ft

    £1,970/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 area657 sq ft (61 m²)
    EPC dateMay 2023
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Aug 2023

    £105,000

    7 Dec 2018

    £74,000

    15 Dec 2000

    £31,500

    26 Jan 1996

    £23,000

    Key Metrics

    Estimated valuation£120,155
    Value per sq ft / m²£183/sq ft (£1,970/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile31st 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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