Apartment 12 Cotton Mill Works The Arches

    APARTMENT 12 COTTON MILL WORKS, THE ARCHES, COLNE, BB8 8FB

    This flat/maisonette leasehold property on The Arches last sold in December 2020 for £58,000. Based on price growth in the BB8 district since then, its estimated current value is £63,282 — placing it in the 0th percentile nationally and the 6th percentile within BB8. The property covers 40 m² (431 sq ft), giving an estimated value of £1,582 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

    £58,000

    Dec 2020

    Estimated Valuation

    £63,282

    Est. £/sq ft

    £147/sq ft

    £1,582/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

    16 Dec 2020

    £58,000

    11 May 2018

    £57,000

    5 Dec 2013

    £43,000

    30 Mar 2012

    New build

    £38,000

    Key Metrics

    Estimated valuation£63,282
    Value per sq ft / m²£147/sq ft (£1,582/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB8 district percentile6th 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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