53, Red Lees Avenue
53, Red Lees Avenue
Description & Estimates
Public records show 53, Red Lees Avenue, Burnley to be a mid-century leasehold house with 624 ft2 of internal area, sitting on a 319 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
53, Red Lees Avenue, Burnley has an estimated sale value of £176,037 and an estimated rental value of £1,011 per month, assuming reasonable condition and based on the information available.
Red Lees Avenue, Burnley, BB10 lies in the borough of Burnley, within the BB10 postal district.
Our Data Sources
53, Red Lees Avenue, Burnley has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated June 2017.
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
In very good condition, we estimate 53, Red Lees Avenue, Burnley would be worth £184,839, with a potential rental value of £1,061 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £163,715, with a rental value of £940 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 53, Red Lees Avenue, Burnley has increased by £5,468 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £48 (4.7%). The property's estimated gross yield is currently 6.9%.
Plot Size
53, Red Lees Avenue, Burnley occupies a 319 m2 plot as recorded by HM Land Registry.
Of the 47 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
53, Red Lees Avenue, Burnley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
53, Red Lees Avenue, Burnley last changed hands on 21st May 2021, selling for £152,000. 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 dropped by 32.4% since May 2021.
- Sold May 2021£152,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 53, Red Lees Avenue, Burnley across the last 2 years.
Most recently, 47, Red Lees Avenue, Burnley, BB10 4JE, a leasehold house, sold at £375 on the 26th June 2023.
Read more about house prices in BB10.
- Sold Jun 2023£375 | 2 Bed House47, Red Lees Avenue, Burnley, BB10 4JE47, Red Lees Avenue, Burnley, BB10 4JE
- Sold Feb 2023£162,500 | 2 Bed House30, Hall Park Avenue, Burnley, BB10 4JJ30, Hall Park Avenue, Burnley, BB10 4JJ
- Sold Jul 2022£170,000 | 2 Bed House38, Red Lees Avenue, Burnley, BB10 4JE38, Red Lees Avenue, Burnley, BB10 4JE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 53, Red Lees Avenue, Burnley as the 45th largest and the 42nd most expensive of the 47 addresses on Red Lees Avenue, Burnley, BB10.
Against the BB10 postcode district average, it is £10k more expensive than the typical property.
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Schools Nearby
- 1.0kmWorsthorne Primary School
- 1.1kmBurnley Brunshaw Primary School
- 1.7kmBurnley St Stephen's Church of England Voluntary Aided Primary School
- 1.2kmUnity College
- 2.1kmBlessed Trinity Roman Catholic College, A Voluntary Academy
- 2.5kmSir John Thursby Community College
More reading links
Public Transport Nearby
Burnley Central station is the nearest stop to 53, Red Lees Avenue, Burnley at 3.0 kilometres away.
- 3.0kmBurnley Central
- 3.0kmBurnley Manchester Road
- 3.7kmBurnley Barracks
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.
