Straits Lane - BB12 7RA
Key Postcode Insights
BB12 7RA is a residential postcode situated on Straits Lane, Read, Burnley, BB12 with 4 addresses.
It ranks as the 155th largest and 825th most expensive of the 941 postcodes in the BB12 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £401,901
- 10 Year change
- up 39.3%
- Ave. Rental Price
- £1,466pcm
- 10 Year change
- up 61.2%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
BB12 7RA is a residential postcode situated on Straits Lane, Read, Burnley, BB12 with 4 addresses.
It ranks as the 155th largest and 825th most expensive of the 941 postcodes in the BB12 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £401,901
- 10 Year change
- up 39.3%
- Ave. Rental Price
- £1,466pcm
- 10 Year change
- up 61.2%
- Ave. £ per ft²
- £332/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin BB12 7RA
- Forest House
3 Bed House
- Newlands
5 Bed Mid-century House
- Old Malleys
Unknown
- Westways
2 Bed House
Sales Market Trends
The last sale in BB12 7RA sold for £560,000 on 19th April 2024. Since then prices are up an average of 4.7%.
The current average value in the postcode is £401,901.
The BB12 7RA Sales Market has increased by 39.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £401,901 |
| June 2025 | 3% | £398,057 |
| June 2024 | 1% | £386,431 |
| June 2023 | 2.6% | £382,695 |
| June 2022 | 8.9% | £372,948 |
| June 2021 | 7.3% | £342,341 |
| June 2020 | 3.3% | £319,058 |
| June 2019 | 1.5% | £308,834 |
| June 2018 | 1.8% | £304,135 |
| June 2017 | 3.5% | £298,617 |
| June 2016 | 0% | £288,458 |
| June 2015 | 1% | £288,445 |
| June 2014 | 4.8% | £285,704 |
| June 2013 | -1.6% | £272,737 |
| June 2012 | -4.7% | £277,126 |
| June 2011 | -0.4% | £290,704 |
| June 2010 | 5.3% | £291,836 |
| June 2009 | -8.1% | £277,258 |
| June 2008 | -0.1% | £301,625 |
| June 2007 | 0% | £301,918 |
Rental Market Trends
The current average rental value in the postcode is £1,466.
The BB12 7RA Rental Market has increased by 61.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,466pcm |
| June 2025 | 6.8% | £1,430pcm |
| June 2024 | 8.1% | £1,338pcm |
| June 2023 | 8.6% | £1,238pcm |
| June 2022 | 9.1% | £1,140pcm |
| June 2021 | 7.6% | £1,045pcm |
| June 2020 | 2.2% | £971pcm |
| June 2019 | 0.7% | £951pcm |
| June 2018 | 2% | £944pcm |
| June 2017 | 1.7% | £926pcm |
| June 2016 | 1.9% | £910pcm |
| June 2015 | 1.5% | £893pcm |
| June 2014 | 1% | £880pcm |
| June 2013 | 0.2% | £871pcm |
| June 2012 | -1.2% | £869pcm |
| June 2011 | 2.5% | £880pcm |
| June 2010 | 3.7% | £858pcm |
| June 2009 | -2.1% | £827pcm |
| June 2008 | -1% | £845pcm |
| June 2007 | 0% | £854pcm |
Sales History
The last sale was on 19th April 2024 for £560,000 and since then the market in the area has increased by 4.7%. The postcode has had a total of 6 sales since 1995.
BB12 7RA has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2024£560,000 | 5 Bed HouseNewlands, Straits Lane, Burnley, BB12 7RANewlands, Straits Lane, Burnley, BB12 7RA
- Sold Dec 2017£280,000 | 3 Bed HouseForest House, Straits Lane, Burnley, BB12 7RAForest House, Straits Lane, Burnley, BB12 7RA
- Sold Aug 2007£141,600 | 2 Bed HouseWestways, Straits Lane, Burnley, BB12 7RAWestways, Straits Lane, Burnley, BB12 7RA
- Sold Jun 2006£442,500 | 5 Bed HouseOld Malleys, Straits Lane, Burnley, BB12 7RAOld Malleys, Straits Lane, Burnley, BB12 7RA
- Sold Jul 1998£130,000 | 3 Bed HouseForest House, Straits Lane, Burnley, BB12 7RAForest House, Straits Lane, Burnley, BB12 7RA
Nearby Postcodes
BB12 7RA is the 155th largest and the 825th most expensive postcode out of the 941 postcodes in the BB12 area.
- BB12 7QZ, Turner Fold, Read, Burnley, BB12BB12 7QZ5 Addresses|36 m away
- BB12 7QE, Buckingham Drive, Read, Burnley, BB12BB12 7QE23 Addresses|101 m away
- BB12 7QH, Windsor Close, Read, Burnley, BB12BB12 7QH18 Addresses|153 m away
- BB12 7QQ, Patrick Avenue, Read, Burnley, BB12BB12 7QQ6 Addresses|159 m away
- BB12 7QY, Whins Lane, Read, Burnley, BB12BB12 7QY8 Addresses|190 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 1 other address of unknown type
- mid-century house (1)
- house (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (3)
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 School400 m away
- Simonstone St Peter's Church of England Primary School800 m away
- Altham St James Church of England Primary School2.2 km away
- Shuttleworth College3.8 km away
- Burnley High School4.3 km away
- St Augustine's Roman Catholic High School, a Voluntary Academy4.9 km away
More reading links
Public Transport Nearby
The closest station to BB12 7RA is Hapton station, which is 4.0 kilometres away.
- Hapton|4.0 km away
- Whalley (Lancs)|4.2 km away
- Huncoat|4.3 km away
- Rose Grove|5.4 km away
