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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 32, George Lane, Burnley is a period freehold house with 2,561 ft2 of internal area and sits on a 1,075 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 32, George Lane, Burnley is £699,825 and the estimated rental value is £2,351 per month.
George Lane, Read, Burnley, BB12 is located in the borough of Ribble Valley within the BB12 postal district.
32, George Lane, Burnley has a single entry in the Land Registry from August 2015 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 32, George Lane, Burnley is in very good condition we estimate a sale value of £734,816 and a rental value of £2,468 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £650,837 and a rental value of £2,186 per month.
Over the last 12 months the sale value of 32 George Lane Burnley has increased by an estimated £4,622 (0.7%) and its rental value has increased by an estimated £33 per month (1.4%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 32, George Lane, Burnley sits on a plot of 1075m2.
We have plot size data on 11 out of 20 other houses in the postcode and 32, George Lane, Burnley sits on the 5th largest plot.
32, George Lane, Burnley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 32, George Lane, Burnley was last sold on 17th August 2015 for £675,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2015, the market for similar properties has dropped 20.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, George Lane, Burnley within a radius of 2.7 kilometres over the last 2 years.
The most recent example is 2 The Old Vicarage, Whins Lane, Burnley, BB12 7RB, a freehold house which sold for £585,000 on the 15th November 2023.
Read more about house prices in BB12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
George Lane, Read, Burnley, BB12 has a total of 41 addresses. According to our analysis of all the public data, 32, George Lane, Burnley is the 2nd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £517k more expensive than the average property in BB12.
The closest station to 32, George Lane, Burnley is Whalley (Lancs) station which is 4.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 32, George Lane, Burnley, 65.4% of property is privately owned outright and 26.3% is privately owned with a mortgage.
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 32, George Lane, Burnley, 14.8% of residents are recorded as possessing school level qualifications and 45.6% 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 32, George Lane, Burnley, the average age was 45 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 32, George Lane, Burnley, 1.3% 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 32, George Lane, Burnley, there are an average of 1.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.
