Apartment 2 Derwent House Grenfell Gardens

    APARTMENT 2 DERWENT HOUSE, GRENFELL GARDENS, COLNE, BB8 9PN

    This flat/maisonette leasehold property on Grenfell Gardens last sold in October 2020 for £257,500. Based on price growth in the BB8 district since then, its estimated current value is £280,952 — placing it in the 45th percentile nationally and the 84th percentile within BB8. The property covers 115 m² (1,238 sq ft), giving an estimated value of £2,443 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £257,500

    Oct 2020

    Estimated Valuation

    £280,952

    Est. £/sq ft

    £227/sq ft

    £2,443/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2009
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentD
    EPC potentialD
    Floor area1,238 sq ft (115 m²)
    EPC dateMar 2013
    WallsAverage thermal transmittance 0.31 W/m²K
    HeatingBoiler and radiators, electric

    Transaction History

    10 Oct 2020

    £257,500

    4 Mar 2011

    New build

    £229,950

    Key Metrics

    Estimated valuation£280,952
    Value per sq ft / m²£227/sq ft (£2,443/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile84th percentile
    National percentile45th 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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