BB12 7RE is a residential postcode situated on Hammond Drive, Read, Burnley, BB12 with 10 addresses.
It ranks as the 365th largest and 923rd most expensive of the 941 postcodes in the BB12 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 10 properties: 10 houses.
BB12 7RE is a residential postcode situated on Hammond Drive, Read, Burnley, BB12 with 10 addresses.
It ranks as the 365th largest and 923rd most expensive of the 941 postcodes in the BB12 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 10 properties: 10 houses.
Sale prices range from £395,914 for 4 bedroom freehold houses with a garden (1,248 ft2) to £948,305 for 5 bedroom freehold houses with a garden (5,973 ft2) .
Monthly rental prices range from £1,317 pcm for 4 bed houses to £3,241 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 4.1%.
The average value per square foot is £223.
The last sale in BB12 7RE sold for £965,000 on 9th November 2022. Since then prices are up an average of 4.1%.
The current average value in the postcode is £630,293.
The BB12 7RE Sales Market has increased by 38.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £630,293 |
| April 2025 | 2.5% | £621,469 |
| April 2024 | 0.7% | £606,171 |
| April 2023 | 5.1% | £601,756 |
| April 2022 | 8.2% | £572,643 |
| April 2021 | 4.9% | £529,009 |
| April 2020 | 3.2% | £504,087 |
| April 2019 | 1.7% | £488,309 |
| April 2018 | 1.9% | £480,235 |
| April 2017 | 3.7% | £471,504 |
| April 2016 | 1.4% | £454,527 |
| April 2015 | 0.1% | £448,088 |
| April 2014 | 4.5% | £447,533 |
| April 2013 | 1.9% | £428,099 |
| April 2012 | -5.3% | £420,141 |
| April 2011 | 1% | £443,748 |
| April 2010 | 2.2% | £439,331 |
| April 2009 | -8.1% | £429,912 |
| April 2008 | 1.1% | £467,830 |
| April 2007 | 0% | £462,682 |
The current average rental value in the postcode is £2,151.
The BB12 7RE Rental Market has increased by 54.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £2,151pcm |
| April 2025 | 5.4% | £2,135pcm |
| April 2024 | 8.7% | £2,026pcm |
| April 2023 | 9.5% | £1,864pcm |
| April 2022 | 8.6% | £1,702pcm |
| April 2021 | 6.5% | £1,567pcm |
| April 2020 | 1.1% | £1,472pcm |
| April 2019 | 0.5% | £1,456pcm |
| April 2018 | 1.8% | £1,448pcm |
| April 2017 | 2.3% | £1,422pcm |
| April 2016 | 1.3% | £1,391pcm |
| April 2015 | 2.6% | £1,374pcm |
| April 2014 | 0.1% | £1,339pcm |
| April 2013 | 0.9% | £1,337pcm |
| April 2012 | 0.5% | £1,326pcm |
| April 2011 | 3.6% | £1,319pcm |
| April 2010 | 1.2% | £1,273pcm |
| April 2009 | -1.4% | £1,258pcm |
| April 2008 | -1.5% | £1,275pcm |
| April 2007 | 0% | £1,294pcm |
The last sale was on 9th November 2022 for £965,000 and since then the market in the area has increased by 4.1%. The postcode has had a total of 17 sales since 1995.
BB12 7RE has seen no sales in the last three years and no sales in the last twelve months.
BB12 7RE is the 365th largest and the 923rd most expensive postcode out of the 941 postcodes in the BB12 area.
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The closest station to BB12 7RE is Whalley (Lancs) station which is 3.6 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around BB12 7RE, 65.4% of property is privately owned outright and 26.3% is privately owned with a mortgage.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around BB12 7RE, 14.8% of residents are recorded as possessing school level qualifications and 45.6% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around BB12 7RE, the average age was 45 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around BB12 7RE, 1.3% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around BB12 7RE, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.