Geography
Bank Mill Street is located in the Greenfield ward of the Rossendale district in Lancashire.| Coordinates | 53.70168, -2.320824 |
| Grid Ref | SD789228 |
| Suburb | Lane Side |
| Constituency | Hyndburn |
| Postcodes | BB4 6PB |
House Prices
The average house price in Bank Mill Street is 91.92% lower than the rest of Rossendale. The last sale we have on record is 7 Bank Mill Street, that sold for £69,000. The average house price in Rossendale is £139,145 as of June 2023.Average House Prices
Recent sales in Bank Mill Street
| Date | No. | Type | Price |
|---|---|---|---|
| 07/11/2022 | 7 | Terrace | £69,000 |
| 30/09/2022 | 1 | Terrace | £86,000 |
| 30/06/2021 | 1 | £62,500 |
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
Crime in Bank Mill Street, Lancashire
There were no street crime incidents recorded by Lancashire Police in Bank Mill Street during September 2024.Crime Deprivation
The Indices of Multiple Deprivation (IMD) government statistics have a measure of how likely you are to be a victim of personal crime. We have taken the lower super output area (LSOA) that includes Bank Mill Street and compared that to the average for the Greenfield ward.You are more likely to be a victim of personal crime in Bank Mill Street, when compared to the average EIMD rank for the Greenfield ward
Social economic statistics for Bank Mill Street
These statistics are taken from the English Index of Multiple Deprivation's decile figures, with 1 being the worst and 10 being the best. As these are decile figures, a score of 1 for example would mean Bank Mill Street is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Bank Mill Street is in the top 10% of least deprived LSOAs in the country.Income Deprivation
The Income Deprivation Domain measures the proportion of the population in and around Bank Mill Street experiencing deprivation relating to low income.Employment Deprivation
The Employment Deprivation Domain measures the proportion of working-age residents in and around Bank Mill Street involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.Health & Disability Deprivation
The Health Deprivation and Disability Domain measures the risk of premature death and the impairment of quality of life through poor physical or mental health. This does not include aspects of behaviour or the environment that may be lead to predicted future health and disability problems.Index of Multiple Deprivation
The Index of Multiple Deprivation (IMD) is an overall relative measure of deprivation constructed by combining seven measures of deprivation. It encapsulates a broad socio-economic view of Bank Mill Street, from outside living quality, housing quality, access to services and crime.2021 Census for Bank Mill Street
We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of Bank Mill Street.
Unemployment in Bank Mill Street
The census is now the only reliable source to find the proportion of residents that are unemployed or under-employed as the Department for Work and pensions no longer do so and haven't since the introduction of Universal Credit.Retirees (OAPs) in Bank Mill Street
The proportion of retirees in a road should give you an indication of the demographics of Bank Mill Street. The proportion of retirees on Bank Mill Street is 8.01% lower than the national average of 18.6%.Home ownership in Bank Mill Street
The proportion of home owners on Bank Mill Street is 10.53% lower than the national average of 62%. 46.32% of properties in Bank Mill Street are private rented and 2.21% are social rented.Country of Birth of Bank Mill Street residents
The proportion if Bank Mill Street residents born in the UK is 2.06% higher than the England national average of 82.65%. 15.29% of Bank Mill Street residents were born outside the UK.
Source: Census 2021 (Nomis/ONS)
Bank Mill Street Summary
With house prices in Bank Mill Street less than the average for Lancashire and very high levels of income depirvation, this is an indicator of a very poor road. Bank Mill Street has a lower level of home ownership than the national average. This is an indicator that finding private rented accomodation in Bank Mill Street maybe easier than surrounding areas.
Bank Mill Street has very high levels of employment deprivation, suggesting that finding work in the local area maybe harder compared to the rest of the country.
