Apartment 14 Cotton Mill Works The Arches

    APARTMENT 14 COTTON MILL WORKS, THE ARCHES, COLNE, BB8 8FB

    This flat/maisonette leasehold property on The Arches last sold in August 2023 for £54,000. Based on price growth in the BB8 district since then, its estimated current value is £57,805 — placing it in the 0th percentile nationally and the 4th percentile within BB8. The property covers 40 m² (431 sq ft), giving an estimated value of £1,445 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    431 sq ft

    40 m²

    Last Sale Price

    £54,000

    Aug 2023

    Estimated Valuation

    £57,805

    Est. £/sq ft

    £134/sq ft

    £1,445/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area431 sq ft (40 m²)
    EPC dateJul 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    31 Aug 2023

    £54,000

    1 Jun 2022

    £47,000

    10 Apr 2012

    New build

    £45,500

    Key Metrics

    Estimated valuation£57,805
    Value per sq ft / m²£134/sq ft (£1,445/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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