1, George Lane - BB12 7SD
Key Building Insights
1, George Lane is a residential building situated on George Lane, Read, Burnley, BB12 with 4 addresses.
It ranks as the 97th largest and 120th most expensive of the 133 buildings in the BB12 area. The most common property type is a modern flat built after 1980.
The building contains a total of 4 properties: 4 flats.
- Ave. Sale Price
- £184,522
- 10 Year change
- up 20.7%
- Ave. Rental Price
- £825pcm
- 10 Year change
- up 40.5%
- Ave. £ per ft²
- £378/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Building Insights
1, George Lane is a residential building situated on George Lane, Read, Burnley, BB12 with 4 addresses.
It ranks as the 97th largest and 120th most expensive of the 133 buildings in the BB12 area. The most common property type is a modern flat built after 1980.
The building contains a total of 4 properties: 4 flats.
- Ave. Sale Price
- £184,522
- 10 Year change
- up 20.7%
- Ave. Rental Price
- £825pcm
- 10 Year change
- up 40.5%
- Ave. £ per ft²
- £378/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertieson George Lane, Read, Burnley, BB12
- Flat 1, 1 George Lane
2 Bed Modern Flat
- Flat 2, 1 George Lane
2 Bed Modern Flat
- Flat 3, 1 George Lane
2 Bed Modern Flat
- Flat 4, 1 George Lane
2 Bed Modern Flat
Sales Market Trends
The last sale in 1, George Lane sold for £120,000 on 14th June 2022. Since then prices are up an average of 20.6%.
The current average value in the building is £184,522.
The 1, George Lane Sales Market has increased by 20.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £184,522 |
| June 2025 | 0.3% | £182,998 |
| June 2024 | 2.1% | £182,456 |
| June 2023 | 0.2% | £178,760 |
| June 2022 | 5.2% | £178,385 |
| June 2021 | 4% | £169,506 |
| June 2020 | 4.5% | £163,052 |
| June 2019 | -0.1% | £156,081 |
| June 2018 | 0.5% | £156,301 |
| June 2017 | 1.7% | £155,476 |
| June 2016 | 0.2% | £152,829 |
| June 2015 | 0.3% | £152,456 |
| June 2014 | 4.5% | £151,953 |
| June 2013 | -3% | £145,383 |
| June 2012 | -4.6% | £149,911 |
| June 2011 | -1.6% | £157,138 |
| June 2010 | 3.9% | £159,625 |
| June 2009 | -12.3% | £153,560 |
| June 2008 | 1.1% | £175,142 |
| June 2007 | 0% | £173,197 |
Rental Market Trends
The current average rental value in the building is £825.
The 1, George Lane Rental Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £825pcm |
| June 2025 | 4.6% | £805pcm |
| June 2024 | 9.6% | £769pcm |
| June 2023 | 6.2% | £702pcm |
| June 2022 | 5% | £661pcm |
| June 2021 | 4.3% | £629pcm |
| June 2020 | 3% | £603pcm |
| June 2019 | -0.8% | £586pcm |
| June 2018 | 0.4% | £590pcm |
| June 2017 | 0.2% | £588pcm |
| June 2016 | 2.4% | £587pcm |
| June 2015 | 0.4% | £574pcm |
| June 2014 | 1.3% | £572pcm |
| June 2013 | -0.8% | £564pcm |
| June 2012 | -1.8% | £569pcm |
| June 2011 | 1.7% | £579pcm |
| June 2010 | 2.8% | £570pcm |
| June 2009 | -7% | £555pcm |
| June 2008 | 0% | £596pcm |
| June 2007 | 0% | £597pcm |
Sales History
The last sale was on 14th June 2022 for £120,000 and since then the market in the area has increased by 20.6%. The building has had a total of 5 sales since 1995.
1, George Lane, Read, Burnley, BB12 7SD has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2022£120,000 | 2 Bed FlatFlat 2, 1, George Lane, Burnley, BB12 7SDFlat 2, 1, George Lane, Burnley, BB12 7SD
- Sold Jun 2022£120,000 | 2 Bed FlatFlat 4, 1, George Lane, Burnley, BB12 7SDFlat 4, 1, George Lane, Burnley, BB12 7SD
- Sold Jul 2009£175,000 | 2 Bed FlatFlat 4, 1, George Lane, Burnley, BB12 7SDFlat 4, 1, George Lane, Burnley, BB12 7SD
- Sold Jul 2009£135,000 | 2 Bed FlatFlat 3, 1, George Lane, Burnley, BB12 7SDFlat 3, 1, George Lane, Burnley, BB12 7SD
- Sold Jul 2009£135,000 | 2 Bed FlatFlat 1, 1, George Lane, Burnley, BB12 7SDFlat 1, 1, George Lane, Burnley, BB12 7SD
Property Types
- 4 modern flats built after 1980
- modern flat (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (0)
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 School1.8 km away
- Shuttleworth College4.0 km away
- Burnley High School4.4 km away
- St Augustine's Roman Catholic High School, a Voluntary Academy4.6 km away
More reading links
Public Transport Nearby
The closest station to 1, George Lane, Read, Burnley, BB12 7SD is Hapton station, which is 3.9 kilometres away.
- Hapton|3.9 km away
- Huncoat|3.9 km away
- Whalley (Lancs)|4.1 km away
- Rose Grove|5.4 km away
