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According to the public record, 2, Melbourne Gardens, Burnley is a modern freehold house with 1,162 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Melbourne Gardens, Burnley is £214,390 and the estimated rental value is £1,134 per month.
Melbourne Gardens, Burnley, BB12 is located in the borough of Burnley within the BB12 postal district.
2, Melbourne Gardens, Burnley has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Melbourne Gardens, Burnley is in very good condition we estimate a sale value of £225,110 and a rental value of £1,191 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,383 and a rental value of £1,055 per month.
Over the last 12 months the sale value of 2 Melbourne Gardens Burnley has increased by an estimated £10,098 (4.7%) and its rental value has increased by an estimated £42 per month (3.7%), giving an expected gross yield of 6.3%.
2, Melbourne Gardens, Burnley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Melbourne Gardens, Burnley was last sold on 23rd September 2024 for £194,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2024, the market for similar properties has risen 20.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Melbourne Gardens, Burnley within a radius of 660 metres over the last 2 years.
The most recent example is 4, Melbourne Gardens, Burnley, BB12 6FB, a freehold house which sold for £194,950 on the 6th September 2024.
Read more about house prices in BB12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Gardens, Burnley, BB12 has a total of 5 addresses. According to our analysis of all the public data, 2, Melbourne Gardens, Burnley is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in BB12.
The closest station to 2, Melbourne Gardens, Burnley is Rose Grove station which is 100 metres away.
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, Melbourne Gardens, Burnley, 44.6% of property is privately rented and 25.2% 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, Melbourne Gardens, Burnley, 18.9% of residents are recorded as possessing school level qualifications and 26.0% 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, Melbourne Gardens, Burnley, the average age was 39.7 and the most common age was 32.
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, Melbourne Gardens, 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, Melbourne Gardens, Burnley, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
