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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, 40, Straits Lane, Burnley is a mid-century freehold house with 2,228 ft2 of internal area and sits on a 795 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 40, Straits Lane, Burnley is £535,231 and the estimated rental value is £1,798 per month.
Straits Lane, Read, Burnley, BB12 is located in the borough of Ribble Valley within the BB12 postal district.
40, Straits Lane, Burnley has a single entry in the Land Registry from February 2016 and a single entry in the EPC database dated June 2014.
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 40, Straits Lane, Burnley is in very good condition we estimate a sale value of £561,993 and a rental value of £1,888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £497,765 and a rental value of £1,672 per month.
Over the last 12 months the sale value of 40 Straits Lane Burnley has increased by an estimated £3,535 (0.7%) and its rental value has increased by an estimated £25 per month (1.4%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 40, Straits Lane, Burnley sits on a plot of 795m2.
We have plot size data on 15 out of 16 other houses in the postcode and 40, Straits Lane, Burnley sits on the 3rd largest plot.
40, Straits Lane, Burnley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Jun 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, 40, Straits Lane, Burnley was last sold on 17th February 2016 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2016, the market for similar properties has dropped 19.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Straits Lane, Burnley within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 7, Tennyson Avenue, Burnley, BB12 7RN, a freehold house which sold for £535,000 on the 27th January 2025.
Read more about house prices in BB12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Straits Lane, Read, Burnley, BB12 has a total of 37 addresses. According to our analysis of all the public data, 40, Straits Lane, Burnley is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £352k more expensive than the average property in BB12.
The closest station to 40, Straits Lane, Burnley is Hapton station which is 3.9 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 40, Straits Lane, Burnley, 52.6% of property is privately owned outright and 39.3% 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 40, Straits Lane, Burnley, 15.3% of residents are recorded as possessing school level qualifications and 46.9% 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 40, Straits 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 40, Straits Lane, Burnley, 1.2% 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 40, Straits Lane, Burnley, there are an average of 1.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.
