3, Richmond Street
3, Richmond Street
Description & Estimates
3, Richmond Street, Burnley is recorded publicly as a period leasehold house across 753 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Richmond Street, Burnley is £88,729 and its rental estimate is £723 per month, given the available information and assuming reasonable condition.
Richmond Street, Burnley, BB11 falls within the BB11 postal district, in the borough of Burnley.
Our Data Sources
3, Richmond Street, Burnley has 31 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated May 2022.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Richmond Street, Burnley, we estimate a market value of £93,165 and a rental value of £759 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £82,518 and £672 per month respectively.
Recent Market Change
Over the last year, 3, Richmond Street, Burnley has seen its estimated sale value move up by £2,660 (3.0%) and its estimated rental value increase by £30 per month (4.1%). This results in an estimated gross rental yield of 9.8%.
Energy Efficiency
3, Richmond Street, Burnley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Richmond Street, Burnley completed on 14th July 2022 at £51,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 52.9% over the period since July 2022.
- Sold Jul 2022£51,500
- Sold Oct 2005£46,000
- Sold Feb 1998£22,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Richmond Street, Burnley have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 13, Richmond Street, Burnley, BB11 4NT, a leasehold house which sold for £80,000.
Read more about house prices in BB11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Richmond Street, Burnley, BB11, 3, Richmond Street, Burnley comes out as the 24th largest and the 24th most expensive in our analysis of the public data.
It is also £51k less expensive than the average property across the BB11 district.
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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
From 3, Richmond Street, Burnley, the nearest station is Burnley Barracks, 600 metres away.
- 600mBurnley Barracks
- 700mBurnley Manchester Road
- 1.3kmBurnley Central
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
