16, Richmond Street
16, Richmond Street
Description & Estimates
Public records show 16, Richmond Street, Burnley to be a period leasehold house with 1,087 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
16, Richmond Street, Burnley has an estimated sale value of £104,973 and an estimated rental value of £686 per month, assuming reasonable condition and based on the information available.
Richmond Street, Burnley, BB11 lies in the borough of Burnley, within the BB11 postal district.
Our Data Sources
16, Richmond Street, Burnley has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 16, Richmond Street, Burnley would be worth £110,221, with a potential rental value of £720 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £97,625, with a rental value of £638 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Richmond Street, Burnley has risen by £3,146 (3.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £28 (4.1%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
16, Richmond Street, Burnley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Richmond Street, Burnley last changed hands on 15th March 2007, selling for £62,000. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 96.2% since March 2007.
- Sold Mar 2007£62,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 16, Richmond Street, Burnley across the last 2 years.
Most recently, 4, Swindon Street, Burnley, BB11 4PF, a leasehold house, sold at £87,000 on the 7th February 2024.
Read more about house prices in BB11.
- Sold Feb 2024£87,000 | 3 Bed House4, Swindon Street, Burnley, BB11 4PF4, Swindon Street, Burnley, BB11 4PF
- Sold Oct 2023£85,000 | 3 Bed House112, Nairne Street, Burnley, BB11 4PD112, Nairne Street, Burnley, BB11 4PD
- Sold Aug 2023£58,500 | 3 Bed House29, Netherby Street, Burnley, BB11 4NR29, Netherby Street, Burnley, BB11 4NR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Richmond Street, Burnley as the 2nd largest and the 2nd most expensive of the 27 addresses on Richmond Street, Burnley, BB11.
Against the BB11 postcode district average, it is £35k less expensive than the typical property.
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Schools Nearby
- 300mBurnley Holy Trinity Church of England Primary School
- 700mCherry Fold Community Primary School
- 900mChrist The King Roman Catholic Primary School, a Voluntary Academy
- 2.2kmBlessed Trinity Roman Catholic College, A Voluntary Academy
- 2.5kmBurnley High School
- 2.5kmUnity College
More reading links
Public Transport Nearby
Burnley Barracks station is the nearest stop to 16, Richmond Street, Burnley at 600 metres away.
- 600mBurnley Barracks
- 700mBurnley Manchester Road
- 1.3kmBurnley Central
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
