Apartment 18 Cotton Mill Works The Arches

    APARTMENT 18 COTTON MILL WORKS, THE ARCHES, COLNE, BB8 8FB

    This flat/maisonette leasehold property on The Arches last sold in June 2023 for £62,000. Based on price growth in the BB8 district since then, its estimated current value is £66,369 — placing it in the 1st percentile nationally and the 7th percentile within BB8. The property covers 45 m² (484 sq ft), giving an estimated value of £1,475 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £62,000

    Jun 2023

    Estimated Valuation

    £66,369

    Est. £/sq ft

    £137/sq ft

    £1,475/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2012 onwards
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jun 2023

    £62,000

    2 Oct 2020

    £55,000

    4 May 2012

    New build

    £56,250

    Key Metrics

    Estimated valuation£66,369
    Value per sq ft / m²£137/sq ft (£1,475/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile7th 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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