553, Colne Road
553, Colne Road
Description & Estimates
553, Colne Road, Burnley is recorded publicly as a period leasehold house across 1,367 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 553, Colne Road, Burnley is £151,523 and its rental estimate is £913 per month, given the available information and assuming reasonable condition.
Colne Road, Burnley, BB10 falls within the BB10 postal district, in the borough of Pendle.
Our Data Sources
553, Colne Road, Burnley has 31 entries in the Land Registry , most recently in November 2007 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 553, Colne Road, Burnley, we estimate a market value of £159,099 and a rental value of £959 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £140,916 and £849 per month respectively.
Recent Market Change
Over the last year, 553, Colne Road, Burnley has seen its estimated sale value increase by £672 (0.4%) and its estimated rental value grow by £15 per month (1.6%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
553, Colne Road, Burnley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jul 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 553, Colne Road, Burnley completed on 9th November 2007 at £100,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 23.9% over the period since November 2007.
- Sold Nov 2007£100,000
- Sold Dec 2001£39,000
- Sold Dec 1997£35,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 553, Colne Road, Burnley have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th June 2023, was 541, Colne Road, Burnley, BB10 2LG, a leasehold house which sold for £375.
Read more about house prices in BB10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 374 addresses on Colne Road, Burnley, BB10, 553, Colne Road, Burnley comes out as the 141st largest and the 139th most expensive in our analysis of the public data.
It is also £15k less expensive than the average property across the BB10 district.
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Schools Nearby
- 500mPendle Primary Academy
- 700mReedley Primary School
- 800mCasterton Primary Academy
- 1.3kmMarsden Heights Community College
- 2.0kmSir John Thursby Community College
- 2.8kmBlessed Trinity Roman Catholic College, A Voluntary Academy
More reading links
Public Transport Nearby
From 553, Colne Road, Burnley, the nearest station is Brierfield, 700 metres away.
- 700mBrierfield
- 2.3kmNelson
- 2.8kmBurnley Central
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
