George Lane - BB12 7RQ
Key Postcode Insights
BB12 7RQ is a residential postcode situated on George Lane, Read, Burnley, BB12 with 11 addresses.
It ranks as the 393rd largest and 902nd most expensive of the 941 postcodes in the BB12 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £518,988
- 10 Year change
- up 37.4%
- Ave. Rental Price
- £1,742pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
BB12 7RQ is a residential postcode situated on George Lane, Read, Burnley, BB12 with 11 addresses.
It ranks as the 393rd largest and 902nd most expensive of the 941 postcodes in the BB12 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
- Ave. Sale Price
- £518,988
- 10 Year change
- up 37.4%
- Ave. Rental Price
- £1,742pcm
- 10 Year change
- up 58.9%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin BB12 7RQ
- 3 George Lane
3 Bed House
- 5 George Lane
5 Bed Mid-century House
- 7 George Lane
4 Bed Mid-century House
- 9 George Lane
House
- 11 George Lane
4 Bed Mid-century House
Sales Market Trends
The last sale in BB12 7RQ sold for £443,000 on 26th January 2022. Since then prices are up an average of 12.7%.
The current average value in the postcode is £518,988.
The BB12 7RQ Sales Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £518,988 |
| June 2025 | 2.4% | £516,661 |
| June 2024 | 0.9% | £504,623 |
| June 2023 | 2.9% | £500,025 |
| June 2022 | 8.6% | £485,983 |
| June 2021 | 7.2% | £447,514 |
| June 2020 | 3.1% | £417,594 |
| June 2019 | 1.4% | £405,216 |
| June 2018 | 2% | £399,676 |
| June 2017 | 3.8% | £391,943 |
| June 2016 | -0.1% | £377,717 |
| June 2015 | 1% | £378,008 |
| June 2014 | 5% | £374,311 |
| June 2013 | -1.4% | £356,609 |
| June 2012 | -4.6% | £361,510 |
| June 2011 | -0.1% | £379,079 |
| June 2010 | 5.7% | £379,591 |
| June 2009 | -7.2% | £359,242 |
| June 2008 | -0.5% | £386,947 |
| June 2007 | 0% | £388,924 |
Rental Market Trends
The current average rental value in the postcode is £1,742.
The BB12 7RQ Rental Market has increased by 58.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,742pcm |
| June 2025 | 6.2% | £1,707pcm |
| June 2024 | 8% | £1,608pcm |
| June 2023 | 8.9% | £1,488pcm |
| June 2022 | 8.7% | £1,366pcm |
| June 2021 | 7.4% | £1,257pcm |
| June 2020 | 1.9% | £1,170pcm |
| June 2019 | 0.5% | £1,148pcm |
| June 2018 | 2.2% | £1,142pcm |
| June 2017 | 2% | £1,118pcm |
| June 2016 | 1.8% | £1,096pcm |
| June 2015 | 1.5% | £1,076pcm |
| June 2014 | 1.2% | £1,060pcm |
| June 2013 | 0.5% | £1,047pcm |
| June 2012 | -1.2% | £1,043pcm |
| June 2011 | 2.7% | £1,055pcm |
| June 2010 | 4.1% | £1,027pcm |
| June 2009 | -1.1% | £986pcm |
| June 2008 | -1.4% | £998pcm |
| June 2007 | 0% | £1,012pcm |
Sales History
The last sale was on 26th January 2022 for £443,000 and since then the market in the area has increased by 12.7%. The postcode has had a total of 10 sales since 1995.
BB12 7RQ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2022£443,000 | 4 Bed House11, George Lane, Burnley, BB12 7RQ11, George Lane, Burnley, BB12 7RQ
- Sold May 2019£227,500 | 4 Bed House11, George Lane, Burnley, BB12 7RQ11, George Lane, Burnley, BB12 7RQ
- Sold Jan 2019£400,000 | 4 Bed House7, George Lane, Burnley, BB12 7RQ7, George Lane, Burnley, BB12 7RQ
- Sold Jan 2017£325,000 | 5 Bed House5, George Lane, Burnley, BB12 7RQ5, George Lane, Burnley, BB12 7RQ
- Sold Jun 2015£277,000 | 4 Bed House7, George Lane, Burnley, BB12 7RQ7, George Lane, Burnley, BB12 7RQ
Nearby Postcodes
BB12 7RQ is the 393rd largest and the 902nd most expensive postcode out of the 941 postcodes in the BB12 area.
- BB12 7RJ, Church Close, Read, Burnley, BB12BB12 7RJ3 Addresses|70 m away
- BB12 7RL, St. Johns Close, Read, Burnley, BB12BB12 7RL17 Addresses|143 m away
- BB12 7RH, George Lane, Read, Burnley, BB12BB12 7RH20 Addresses|169 m away
- BB12 7RD, George Lane, Read, Burnley, BB12BB12 7RD6 Addresses|177 m away
- BB12 7RB, Whins Lane, Read, Burnley, BB12BB12 7RB15 Addresses|193 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 5 other addresses of unknown type
- period house (1)
- mid-century house (3)
- house (1)
- early-century house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Nov 2015£750,000 | 5 Bed House42, George Lane, Burnley, BB12 7RH42, George Lane, Burnley, BB12 7RH
- Sold Aug 2015£675,000 | 5 Bed House32, George Lane, Burnley, BB12 7RH32, George Lane, Burnley, BB12 7RH
- Sold Apr 2016£660,000 | 5 Bed HouseWhite Gables, George Lane, Burnley, BB12 7RDWhite Gables, George Lane, Burnley, BB12 7RD
Schools Nearby
- Read St John's CofE Primary School300 m away
- Simonstone St Peter's Church of England Primary School1.0 km away
- Altham St James Church of England Primary School2.1 km away
- Shuttleworth College4.1 km away
- Burnley High School4.5 km away
- St Augustine's Roman Catholic High School, a Voluntary Academy4.5 km away
More reading links
Public Transport Nearby
The closest station to BB12 7RQ is Whalley (Lancs) station, which is 3.9 kilometres away.
- Whalley (Lancs)|3.9 km away
- Hapton|4.1 km away
- Huncoat|4.2 km away
- Rose Grove|5.6 km away
