Red Lane - BB8 7JP
Key Postcode Insights
BB8 7JP is a residential postcode situated on Red Lane, Colne, BB8 with 1 addresses.
It ranks as the 15th largest and 706th most expensive of the 739 postcodes in the BB8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £490,556
- 10 Year change
- up 40.8%
- Ave. Rental Price
- £1,626pcm
- 10 Year change
- up 61.8%
- Ave. £ per ft²
- £186/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
BB8 7JP is a residential postcode situated on Red Lane, Colne, BB8 with 1 addresses.
It ranks as the 15th largest and 706th most expensive of the 739 postcodes in the BB8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £490,556
- 10 Year change
- up 40.8%
- Ave. Rental Price
- £1,626pcm
- 10 Year change
- up 61.8%
- Ave. £ per ft²
- £186/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Sales Market Trends
The last sale in BB8 7JP sold for £750,000 on 3rd July 2019. Since then prices are down an average of 0.0%.
The current average value in the postcode is £490,556.
The BB8 7JP Sales Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £490,556 |
| June 2025 | 3.6% | £488,339 |
| June 2024 | 0.4% | £471,208 |
| June 2023 | 1% | £469,170 |
| June 2022 | 11.8% | £464,640 |
| June 2021 | 6.3% | £415,631 |
| June 2020 | 2.4% | £391,176 |
| June 2019 | 4.8% | £382,188 |
| June 2018 | 2.7% | £364,647 |
| June 2017 | 1.9% | £355,085 |
| June 2016 | 5.6% | £348,323 |
| June 2015 | 2% | £330,001 |
| June 2014 | 1% | £323,417 |
| June 2013 | 7.1% | £320,142 |
| June 2012 | -3.3% | £298,782 |
| June 2011 | -4.5% | £308,841 |
| June 2010 | 4.2% | £323,275 |
| June 2009 | -6% | £310,146 |
| June 2008 | -3.8% | £329,922 |
| June 2007 | 0% | £343,100 |
Rental Market Trends
The current average rental value in the postcode is £1,626.
The BB8 7JP Rental Market has increased by 61.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £1,626pcm |
| June 2025 | 7.5% | £1,601pcm |
| June 2024 | 7.3% | £1,489pcm |
| June 2023 | 8.6% | £1,387pcm |
| June 2022 | 9.2% | £1,277pcm |
| June 2021 | 7.1% | £1,170pcm |
| June 2020 | 2.2% | £1,092pcm |
| June 2019 | 0.6% | £1,068pcm |
| June 2018 | 3.1% | £1,062pcm |
| June 2017 | 2.5% | £1,030pcm |
| June 2016 | 3.3% | £1,005pcm |
| June 2015 | 0.4% | £973pcm |
| June 2014 | 1.5% | £969pcm |
| June 2013 | 1% | £954pcm |
| June 2012 | -1.4% | £945pcm |
| June 2011 | 1.5% | £958pcm |
| June 2010 | 4% | £944pcm |
| June 2009 | 0% | £908pcm |
| June 2008 | -1.4% | £908pcm |
| June 2007 | 0% | £920pcm |
Sales History
The last sale was on 3rd July 2019 for £750,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
BB8 7JP has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
BB8 7JP is the 15th largest and the 706th most expensive postcode out of the 739 postcodes in the BB8 area.
- BB8 9TD, Red Lane, Colne, BB8BB8 9TD3 Addresses|444 m away
- BB8 7JW, Red Lane, Colne, BB8BB8 7JW8 Addresses|567 m away
- BB8 7LY, Slipper Hill, Foulridge, Colne, BB8BB8 7LY7 Addresses|681 m away
- BB8 9TB, Red Lane, Colne, BB8BB8 9TB5 Addresses|742 m away
- BB8 9TA, Heirs House Lane, Colne, BB8BB8 9TA4 Addresses|770 m away
Property Types
- 1 period house built between 1800 and 1911
- period house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jun 2025£975,000 | 5 Bed HouseThe Cliff, Red Lane, Colne, BB8 7JRThe Cliff, Red Lane, Colne, BB8 7JR
- Sold Jul 2019£750,000 | 5 Bed HouseHigher Wanless Farm, Red Lane, Colne, BB8 7JPHigher Wanless Farm, Red Lane, Colne, BB8 7JP
- Sold Apr 2022£750,000 | 5 Bed HouseNorcroft, Red Lane, Colne, BB8 7JRNorcroft, Red Lane, Colne, BB8 7JR
Schools Nearby
- Blacko Primary School1.2 km away
- Sacred Heart Roman Catholic Primary School, a Voluntary Academy1.6 km away
- Colne Lord Street School1.6 km away
- Colne Primet Academy2.1 km away
- Ss John Fisher and Thomas More Roman Catholic High School2.4 km away
- Pendle Vale College2.6 km away
More reading links
Public Transport Nearby
The closest station to BB8 7JP is Colne station, which is 1.6 kilometres away.
- Colne|1.6 km away
- Nelson|3.8 km away
- Brierfield|5.5 km away
- Burnley Central|8.8 km away