41, Spencer Street
41, Spencer Street
Description & Estimates
The public record lists 41, Spencer Street, Burnley as a leasehold house.
Comparison with its neighbours suggests a period house with 1,081 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
41, Spencer Street, Burnley has an estimated sale value of £88,880 and an estimated rental value of £583 per month, assuming reasonable condition and based on the information available.
Spencer Street, Burnley, BB10 lies in the borough of Burnley, within the BB10 postal district.
Our Data Sources
41, Spencer Street, Burnley has a single entry in the Land Registry from October 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 41, Spencer Street, Burnley would be worth £93,324, with a potential rental value of £612 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £82,658, with a rental value of £542 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 41, Spencer Street, Burnley has grown by £2,193 (2.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £17 (2.9%). The property's estimated gross yield is currently 7.9%.
Sold Prices
41, Spencer Street, Burnley last changed hands on 25th October 2017, selling for £62,000. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 153.5% since October 2017.
- Sold Oct 2017£62,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 41, Spencer Street, Burnley across the last 2 years.
Most recently, 30, Colville Street, Burnley, BB10 1LY, a leasehold house, sold at £55,000 on the 21st August 2024.
Read more about house prices in BB10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 41, Spencer Street, Burnley as the 8th largest and the 7th most expensive of the 71 addresses on Spencer Street, Burnley, BB10.
Against the BB10 postcode district average, it is £77k less expensive than the typical property.
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
Burnley Central station is the nearest stop to 41, Spencer Street, Burnley at 1.0 kilometres away.
- 1.0kmBurnley Central
- 1.6kmBurnley Barracks
- 2.0kmBurnley Manchester Road
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
