Red Lane - BB8 7JT
Key Postcode Insights
BB8 7JT is a residential postcode situated on Red Lane, Colne, BB8 with 9 addresses.
It ranks as the 288th largest and 395th most expensive of the 739 postcodes in the BB8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £229,256
- 10 Year change
- up 46.0%
- Ave. Rental Price
- £1,011pcm
- 10 Year change
- up 68.0%
- Ave. £ per ft²
- £186/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
BB8 7JT is a residential postcode situated on Red Lane, Colne, BB8 with 9 addresses.
It ranks as the 288th largest and 395th most expensive of the 739 postcodes in the BB8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £229,256
- 10 Year change
- up 46.0%
- Ave. Rental Price
- £1,011pcm
- 10 Year change
- up 68.0%
- Ave. £ per ft²
- £186/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin BB8 7JT
- 26 Red Lane
4 Bed Mid-century House
- 28 Red Lane
Unknown
- 30 Red Lane
Unknown
- 32 Red Lane
3 Bed Mid-century House
- 34 Red Lane
Unknown
Sales Market Trends
The last sale in BB8 7JT sold for £91,250 on 4th April 2025. Since then prices are up an average of 3.6%.
The current average value in the postcode is £229,256.
The BB8 7JT Sales Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £229,256 |
| June 2025 | 5.1% | £224,931 |
| June 2024 | 0.7% | £214,080 |
| June 2023 | 0.1% | £212,612 |
| June 2022 | 12.7% | £212,387 |
| June 2021 | 6.8% | £188,434 |
| June 2020 | 2.6% | £176,490 |
| June 2019 | 5.7% | £171,984 |
| June 2018 | 2.6% | £162,664 |
| June 2017 | 1% | £158,606 |
| June 2016 | 5.4% | £157,048 |
| June 2015 | 1.9% | £148,942 |
| June 2014 | 1.1% | £146,111 |
| June 2013 | 6.7% | £144,541 |
| June 2012 | -3.7% | £135,432 |
| June 2011 | -4.9% | £140,650 |
| June 2010 | 2.7% | £147,927 |
| June 2009 | -7.8% | £143,999 |
| June 2008 | -3.7% | £156,209 |
| June 2007 | 0% | £162,147 |
Rental Market Trends
The current average rental value in the postcode is £1,011.
The BB8 7JT Rental Market has increased by 68.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,011pcm |
| June 2025 | 9% | £981pcm |
| June 2024 | 7.7% | £900pcm |
| June 2023 | 7.7% | £836pcm |
| June 2022 | 10% | £776pcm |
| June 2021 | 7.7% | £705pcm |
| June 2020 | 2.5% | £654pcm |
| June 2019 | 1.4% | £638pcm |
| June 2018 | 3% | £630pcm |
| June 2017 | 1.6% | £611pcm |
| June 2016 | 3.2% | £602pcm |
| June 2015 | 0.3% | £583pcm |
| June 2014 | 1.6% | £581pcm |
| June 2013 | 0.4% | £572pcm |
| June 2012 | -1.9% | £570pcm |
| June 2011 | 0.9% | £580pcm |
| June 2010 | 2.5% | £575pcm |
| June 2009 | -1.7% | £561pcm |
| June 2008 | -0.9% | £571pcm |
| June 2007 | 0% | £576pcm |
Sales History
The last sale was on 4th April 2025 for £91,250 and since then the market in the area has increased by 3.6%. The postcode has had a total of 11 sales since 1995.
BB8 7JT has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£91,250 | 4 Bed House40, Red Lane, Colne, BB8 7JT40, Red Lane, Colne, BB8 7JT
- Sold Dec 2023£335,000 | 3 Bed House36, Red Lane, Colne, BB8 7JT36, Red Lane, Colne, BB8 7JT
- Sold Jan 2019£220,000 | 3 Bed House32, Red Lane, Colne, BB8 7JT32, Red Lane, Colne, BB8 7JT
- Sold Jul 2017£190,000 | 4 Bed House40, Red Lane, Colne, BB8 7JT40, Red Lane, Colne, BB8 7JT
- Sold May 2016£235,000 | 4 Bed House26, Red Lane, Colne, BB8 7JT26, Red Lane, Colne, BB8 7JT
Nearby Postcodes
BB8 7JT is the 288th largest and the 395th most expensive postcode out of the 739 postcodes in the BB8 area.
- BB8 7JU, Lynwood Close, Colne, BB8BB8 7JU6 Addresses|76 m away
- BB8 7JS, Lake View Road, Colne, BB8BB8 7JS4 Addresses|97 m away
- BB8 7AN, Langroyd Road, Colne, BB8BB8 7AN6 Addresses|139 m away
- BB8 7JX, Red Lane, Colne, BB8BB8 7JX18 Addresses|151 m away
- BB8 7ET, The Meadows, Colne, BB8BB8 7ET49 Addresses|165 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- mid-century house (5)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (4)
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
- Sacred Heart Roman Catholic Primary School, a Voluntary Academy100 m away
- Foulridge Saint Michael and All Angels CofE Voluntary Aided Primary School700 m away
- Park Primary School1.1 km away
- Colne Park High School1.0 km away
- Colne Primet Academy2.2 km away
- Ss John Fisher and Thomas More Roman Catholic High School2.5 km away
More reading links
Public Transport Nearby
The closest station to BB8 7JT is Colne station, which is 1.4 kilometres away.
- Colne|1.4 km away
- Nelson|4.5 km away
- Brierfield|6.3 km away
- Burnley Central|9.4 km away
