40, Spencer Street
40, Spencer Street
Description & Estimates
40, Spencer Street, Burnley is recorded publicly as a period leasehold house across 688 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 40, Spencer Street, Burnley is £69,516 and its rental estimate is £580 per month, given the available information and assuming reasonable condition.
Spencer Street, Burnley, BB10 falls within the BB10 postal district, in the borough of Burnley.
Our Data Sources
40, Spencer Street, Burnley has 21 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated June 2021.
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 40, Spencer Street, Burnley, we estimate a market value of £72,992 and a rental value of £609 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £64,650 and £539 per month respectively.
Recent Market Change
Over the last year, 40, Spencer Street, Burnley has seen its estimated sale value increase by £2,159 (3.1%) and its estimated rental value grow by £27 per month (4.7%). This results in an estimated gross rental yield of 10.0%.
Energy Efficiency
40, Spencer Street, Burnley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jun 2021.
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 40, Spencer Street, Burnley completed on 5th January 2024 at £55,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 120.7% over the period since January 2024.
- Sold Jan 2024£55,000
- Sold Jul 2005£28,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Spencer Street, Burnley have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th July 2025, was 62, New Hall Street, Burnley, BB10 1PT, a leasehold house which sold for £52,000.
Read more about house prices in BB10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 71 addresses on Spencer Street, Burnley, BB10, 40, Spencer Street, Burnley comes out as the 43rd largest and the 35th most expensive in our analysis of the public data.
It is also £97k less expensive than the average property across the BB10 district.
More reading links
Schools Nearby
- 400mBurnley Stoneyholme Community Primary School
- 500mBarden Primary School
- 800mHeasandford Primary School
- 1.3kmBlessed Trinity Roman Catholic College, A Voluntary Academy
- 1.6kmSir John Thursby Community College
- 2.5kmUnity College
More reading links
Public Transport Nearby
From 40, Spencer Street, Burnley, the nearest station is Burnley Central, 1.0 kilometres away.
- 1.0kmBurnley Central
- 1.6kmBurnley Barracks
- 2.0kmBurnley Manchester Road
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.
