7 Bankfield Street

    7, BANKFIELD STREET, COLNE, BB8 9NY

    This terraced freehold property on Bankfield Street last sold in June 2022 for £72,000. Based on price growth in the BB8 district since then, its estimated current value is £77,512 — placing it in the 1st percentile nationally and the 11th percentile within BB8. The property covers 61 m² (657 sq ft), giving an estimated value of £1,271 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £72,000

    Jun 2022

    Estimated Valuation

    £77,512

    Est. £/sq ft

    £118/sq ft

    £1,271/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-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 dateMar 2022
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Jun 2022

    £72,000

    22 Dec 2008

    £38,000

    Key Metrics

    Estimated valuation£77,512
    Value per sq ft / m²£118/sq ft (£1,271/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile11th percentile
    National percentile1st 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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