Red Lane - BB8 7JW
Key Postcode Insights
BB8 7JW is a residential postcode situated on Red Lane, Colne, BB8 with 8 addresses.
It ranks as the 260th largest and 689th most expensive of the 739 postcodes in the BB8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £416,738
- 10 Year change
- up 42.4%
- Ave. Rental Price
- £1,459pcm
- 10 Year change
- up 63.7%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
BB8 7JW is a residential postcode situated on Red Lane, Colne, BB8 with 8 addresses.
It ranks as the 260th largest and 689th most expensive of the 739 postcodes in the BB8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £416,738
- 10 Year change
- up 42.4%
- Ave. Rental Price
- £1,459pcm
- 10 Year change
- up 63.7%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin BB8 7JW
- Cedar Lodge
Unknown
- Cedar Lodge Caravan
Unknown
- Edge End Bungalow
3 Bed Mid-century House
- Edge End Farm
5 Bed Period House
- Mews Cottage
4 Bed Modern House
Sales Market Trends
The last sale in BB8 7JW sold for £398,000 on 29th November 2024. Since then prices are up an average of 4.4%.
The current average value in the postcode is £416,738.
The BB8 7JW Sales Market has increased by 42.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £416,738 |
| June 2025 | 4.2% | £412,539 |
| June 2024 | 0.5% | £396,028 |
| June 2023 | 0.6% | £393,897 |
| June 2022 | 12.1% | £391,476 |
| June 2021 | 6.3% | £349,315 |
| June 2020 | 2.5% | £328,553 |
| June 2019 | 5% | £320,405 |
| June 2018 | 2.6% | £305,080 |
| June 2017 | 1.6% | £297,296 |
| June 2016 | 5.6% | £292,577 |
| June 2015 | 2% | £276,965 |
| June 2014 | 1% | £271,604 |
| June 2013 | 7% | £268,803 |
| June 2012 | -3.4% | £251,155 |
| June 2011 | -4.6% | £259,994 |
| June 2010 | 3.7% | £272,586 |
| June 2009 | -6.4% | £262,796 |
| June 2008 | -3.7% | £280,914 |
| June 2007 | 0% | £291,588 |
Rental Market Trends
The current average rental value in the postcode is £1,459.
The BB8 7JW Rental Market has increased by 63.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,459pcm |
| June 2025 | 8% | £1,428pcm |
| June 2024 | 7.5% | £1,322pcm |
| June 2023 | 8.3% | £1,230pcm |
| June 2022 | 9.4% | £1,137pcm |
| June 2021 | 7.2% | £1,039pcm |
| June 2020 | 2.4% | £969pcm |
| June 2019 | 0.8% | £946pcm |
| June 2018 | 3.1% | £939pcm |
| June 2017 | 2.2% | £911pcm |
| June 2016 | 3.3% | £892pcm |
| June 2015 | 0.4% | £863pcm |
| June 2014 | 1.6% | £859pcm |
| June 2013 | 0.9% | £846pcm |
| June 2012 | -1.6% | £839pcm |
| June 2011 | 1.3% | £852pcm |
| June 2010 | 3.5% | £841pcm |
| June 2009 | -0.5% | £813pcm |
| June 2008 | -1.2% | £816pcm |
| June 2007 | 0% | £826pcm |
Sales History
The last sale was on 29th November 2024 for £398,000 and since then the market in the area has increased by 4.4%. The postcode has had a total of 10 sales since 1995.
BB8 7JW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2024£398,000 | 4 Bed HouseMews Cottage, Red Lane, Colne, BB8 7JWMews Cottage, Red Lane, Colne, BB8 7JW
- Sold Feb 2020£415,000 | 5 Bed HouseThe Barn, Red Lane, Colne, BB8 7JWThe Barn, Red Lane, Colne, BB8 7JW
- Sold Apr 2016£357,500 | 4 Bed HouseMews Cottage, Red Lane, Colne, BB8 7JWMews Cottage, Red Lane, Colne, BB8 7JW
- Sold Jul 2013£285,000 | 3 Bed HouseEdge End Bungalow, Red Lane, Colne, BB8 7JWEdge End Bungalow, Red Lane, Colne, BB8 7JW
- Sold Dec 2011£339,950 | 4 Bed HouseMews Cottage, Red Lane, Colne, BB8 7JWMews Cottage, Red Lane, Colne, BB8 7JW
Nearby Postcodes
BB8 7JW is the 260th largest and the 689th most expensive postcode out of the 739 postcodes in the BB8 area.
- BB8 9TB, Red Lane, Colne, BB8BB8 9TB5 Addresses|242 m away
- BB8 7JP, Red Lane, Colne, BB8BB8 7JP1 Addresses|567 m away
- BB8 9DN, Campion Green, Colne, BB8BB8 9DN12 Addresses|583 m away
- BB8 9SG, White Grove, Colne, BB8BB8 9SG24 Addresses|613 m away
- BB8 9TD, Red Lane, Colne, BB8BB8 9TD3 Addresses|626 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- period house (1)
- modern house (2)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is F.
- A (0)
- E (1)
- B (0)
- F (2)
- C (0)
- G (0)
- D (1)
- 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 Academy1.1 km away
- Colne Lord Street School1.3 km away
- Foulridge Saint Michael and All Angels CofE Voluntary Aided Primary School1.6 km away
- Colne Primet Academy2.0 km away
- Colne Park High School2.2 km away
- Ss John Fisher and Thomas More Roman Catholic High School2.3 km away
More reading links
Public Transport Nearby
The closest station to BB8 7JW is Colne station, which is 1.4 kilometres away.
- Colne|1.4 km away
- Nelson|3.9 km away
- Brierfield|5.7 km away
- Burnley Central|8.9 km away