Apartment 4 Derwent House Grenfell Gardens

    APARTMENT 4 DERWENT HOUSE, GRENFELL GARDENS, COLNE, BB8 9PN

    This flat/maisonette leasehold property on Grenfell Gardens last sold in April 2023 for £229,950. Based on price growth in the BB8 district since then, its estimated current value is £246,153 — placing it in the 36th percentile nationally and the 77th percentile within BB8. The property covers 76 m² (818 sq ft), giving an estimated value of £3,239 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £229,950

    Apr 2023

    Estimated Valuation

    £246,153

    Est. £/sq ft

    £301/sq ft

    £3,239/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area818 sq ft (76 m²)
    EPC dateJun 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, electric

    Transaction History

    19 Apr 2023

    £229,950

    17 Jun 2013

    New build

    £184,950

    Key Metrics

    Estimated valuation£246,153
    Value per sq ft / m²£301/sq ft (£3,239/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile77th percentile
    National percentile36th 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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