Straits Lane - BB12 7PE
Key Postcode Insights
BB12 7PE is a residential postcode situated on Straits Lane, Read, Burnley, BB12 with 17 addresses.
It ranks as the 548th largest and 450th most expensive of the 941 postcodes in the BB12 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 17 properties: 15 houses and 2 flats.
- Ave. Sale Price
- £157,613
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £837pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £159/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
BB12 7PE is a residential postcode situated on Straits Lane, Read, Burnley, BB12 with 17 addresses.
It ranks as the 548th largest and 450th most expensive of the 941 postcodes in the BB12 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 17 properties: 15 houses and 2 flats.
- Ave. Sale Price
- £157,613
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £837pcm
- 10 Year change
- up 53.9%
- Ave. £ per ft²
- £159/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin BB12 7PE
- Castlebank
4 Bed Period House
- Glenlivet
4 Bed House
- 1 Straits Lane
3 Bed Period House
- 2 Straits Lane
Building  |  2 Flats
- 3 Straits Lane
Unknown
Sales Market Trends
The last sale in BB12 7PE sold for £195,000 on 18th December 2025. Since then prices are up an average of 2.2%.
The current average value in the postcode is £157,613.
The BB12 7PE Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £157,613 |
| June 2025 | 2% | £156,253 |
| June 2024 | 1.1% | £153,126 |
| June 2023 | 1.5% | £151,478 |
| June 2022 | 7.9% | £149,180 |
| June 2021 | 5.9% | £138,230 |
| June 2020 | 3.9% | £130,551 |
| June 2019 | 0.9% | £125,617 |
| June 2018 | 1.7% | £124,557 |
| June 2017 | 2.7% | £122,450 |
| June 2016 | 0% | £119,181 |
| June 2015 | 0.6% | £119,231 |
| June 2014 | 4.3% | £118,489 |
| June 2013 | -2.5% | £113,573 |
| June 2012 | -4.4% | £116,434 |
| June 2011 | -1.4% | £121,752 |
| June 2010 | 3.5% | £123,457 |
| June 2009 | -10.1% | £119,264 |
| June 2008 | 0.2% | £132,636 |
| June 2007 | 0% | £132,333 |
Rental Market Trends
The current average rental value in the postcode is £837.
The BB12 7PE Rental Market has increased by 53.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £837pcm |
| June 2025 | 6.4% | £816pcm |
| June 2024 | 8.6% | £767pcm |
| June 2023 | 7.6% | £706pcm |
| June 2022 | 7.7% | £656pcm |
| June 2021 | 6.3% | £610pcm |
| June 2020 | 2.5% | £574pcm |
| June 2019 | 0.2% | £560pcm |
| June 2018 | 1.6% | £559pcm |
| June 2017 | 1.1% | £550pcm |
| June 2016 | 2.1% | £544pcm |
| June 2015 | 0.6% | £533pcm |
| June 2014 | 1.1% | £529pcm |
| June 2013 | -0.3% | £523pcm |
| June 2012 | -1.6% | £525pcm |
| June 2011 | 1.8% | £533pcm |
| June 2010 | 2.3% | £524pcm |
| June 2009 | -4.6% | £512pcm |
| June 2008 | -0.9% | £537pcm |
| June 2007 | 0% | £542pcm |
Sales History
The last sale was on 18th December 2025 for £195,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 15 sales since 1995.
BB12 7PE has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£195,000 | 3 Bed House7, Straits Lane, Burnley, BB12 7PE7, Straits Lane, Burnley, BB12 7PE
- Sold May 2025£160,000 | 3 Bed House11, Straits Lane, Burnley, BB12 7PE11, Straits Lane, Burnley, BB12 7PE
- Sold Apr 2025£140,500 | 3 Bed House5, Straits Lane, Burnley, BB12 7PE5, Straits Lane, Burnley, BB12 7PE
- Sold Oct 2023£140,000 | 3 Bed House1, Straits Lane, Burnley, BB12 7PE1, Straits Lane, Burnley, BB12 7PE
- Sold Sep 2021£82,500 | 3 Bed House17, Straits Lane, Burnley, BB12 7PE17, Straits Lane, Burnley, BB12 7PE
Nearby Postcodes
BB12 7PE is the 548th largest and the 450th most expensive postcode out of the 941 postcodes in the BB12 area.
- BB12 7PF, Tennyson Avenue, Read, Burnley, BB12BB12 7PF2 Addresses|39 m away
- BB12 7PP, Fort Street, Read, Burnley, BB12BB12 7PP11 Addresses|59 m away
- BB12 7PG, Nowell Grove, Read, Burnley, BB12BB12 7PG12 Addresses|81 m away
- BB12 7PB, Whalley Road, Read, Burnley, BB12BB12 7PB33 Addresses|99 m away
- BB12 7PR, Jubilee Street, Read, Burnley, BB12BB12 7PR25 Addresses|114 m away
Property Types
- 10 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 house of an unknown age
- 4 other addresses of unknown type
- period house (10)
- period flat (2)
- house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is E.
- A (0)
- E (7)
- B (0)
- F (0)
- C (1)
- G (0)
- D (3)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Apr 2024£560,000 | 5 Bed HouseNewlands, Straits Lane, Burnley, BB12 7RANewlands, Straits Lane, Burnley, BB12 7RA
- Sold Feb 2021£455,000 | 4 Bed House32, Straits Lane, Burnley, BB12 7PQ32, Straits Lane, Burnley, BB12 7PQ
- Sold Dec 2025£455,000 | 4 Bed House36, Straits Lane, Burnley, BB12 7PQ36, Straits Lane, Burnley, BB12 7PQ
Schools Nearby
- Read St John's CofE Primary School0 m away
- Simonstone St Peter's Church of England Primary School800 m away
- Altham St James Church of England Primary School1.8 km away
- Shuttleworth College3.8 km away
- Burnley High School4.2 km away
- St Augustine's Roman Catholic High School, a Voluntary Academy4.8 km away
More reading links
Public Transport Nearby
The closest station to BB12 7PE is Hapton station, which is 3.7 kilometres away.
- Hapton|3.7 km away
- Huncoat|3.9 km away
- Whalley (Lancs)|4.2 km away
- Rose Grove|5.3 km away
