Apartment 16 Cotton Mill Works The Arches

    APARTMENT 16 COTTON MILL WORKS, THE ARCHES, COLNE, BB8 8FB

    This flat/maisonette leasehold property on The Arches last sold in July 2022 for £60,000. Based on price growth in the BB8 district since then, its estimated current value is £57,696 — placing it in the 0th percentile nationally and the 4th percentile within BB8. The property covers 43 m² (463 sq ft), giving an estimated value of £1,342 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    463 sq ft

    43 m²

    Last Sale Price

    £60,000

    Jul 2022

    Estimated Valuation

    £57,696

    Est. £/sq ft

    £125/sq ft

    £1,342/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area463 sq ft (43 m²)
    EPC dateJun 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jul 2022

    £60,000

    21 May 2012

    New build

    £47,000

    Key Metrics

    Estimated valuation£57,696
    Value per sq ft / m²£125/sq ft (£1,342/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile4th percentile
    National percentile0th 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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