5 Somerset Place

    5, SOMERSET PLACE, NELSON, NELSON, BB9 8BD

    This terraced leasehold property on Somerset Place last sold in August 2001 for £27,950. Based on price growth in the BB9 district since then, its estimated current value is £122,995 — placing it in the 7th percentile nationally and the 58th percentile within BB9. The property covers 74 m² (797 sq ft), giving an estimated value of £1,662 per m². The EPC rating is G, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £27,950

    Aug 2001

    Estimated Valuation

    £122,995

    Est. £/sq ft

    £154/sq ft

    £1,662/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentG
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateAug 2022
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingPortable electric heaters assumed for most rooms

    Transaction History

    17 Aug 2001

    £27,950

    Key Metrics

    Estimated valuation£122,995
    Value per sq ft / m²£154/sq ft (£1,662/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB9 district percentile58th percentile
    National percentile7th percentile

    District Context — BB9

    BB9 covers parts of East Lancashire, including areas around Burnley and the surrounding valleys. It is a working-class district with a strong manufacturing and trades heritage, offering affordable housing in a historically industrial region.

    Average Property Price - BB9

    £145,921

    2

    National percentile

    Average Net Household Income - BB9

    £31,274

    11

    National percentile

    10-Year Annualised Price Growth - BB9

    4.8%

    86

    National percentile

    10-Year Annualised Rent Growth - BB

    3.9%

    49

    National percentile

    View full analysis for BB9

    More properties in BB9

    Streets in BB9

    Explore nearby