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According to the public record, 2, Lower Fields, Burnley is a early-century freehold house with 2,174 ft2 of internal area and sits on a 482 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lower Fields, Burnley is £333,734 and the estimated rental value is £1,567 per month.
Lower Fields, Burnley, BB12 is located in the borough of Burnley within the BB12 postal district.
2, Lower Fields, Burnley has 21 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated January 2020.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Lower Fields, Burnley is in very good condition we estimate a sale value of £350,421 and a rental value of £1,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,372 and a rental value of £1,458 per month.
Over the last 12 months the sale value of 2 Lower Fields Burnley has increased by an estimated £6,288 (1.9%) and its rental value has increased by an estimated £11 per month (0.7%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 2, Lower Fields, Burnley sits on a plot of 482m2.
We have plot size data on 14 out of 14 other houses in the postcode and 2, Lower Fields, Burnley sits on the 2nd largest plot.
2, Lower Fields, Burnley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lower Fields, Burnley was last sold on 6th November 2020 for £337,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2020, the market for similar properties has risen 42.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, Lower Fields, Burnley within a radius of 680 metres over the last 2 years.
The most recent example is 3, All Saints Close, Burnley, BB12 6LA, a freehold house which sold for £293,000 on the 25th September 2020.
Read more about house prices in BB12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Fields, Burnley, BB12 has a total of 16 addresses. According to our analysis of all the public data, 2, Lower Fields, Burnley is the largest and the most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in BB12.
The closest station to 2, Lower Fields, Burnley is Rose Grove station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lower Fields, Burnley, 47.9% of property is privately owned with a mortgage and 37.4% is privately owned outright.
The graph below shows how this compares to North West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Lower Fields, Burnley, 19.8% of residents are recorded as possessing school level qualifications and 32.5% as possessing degree level qualifications.
The graph below shows how this compares to North West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Lower Fields, Burnley, the average age was 42.5 and the most common age was 57.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Lower Fields, Burnley, 0.4% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Lower Fields, Burnley, there are an average of 1.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.