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8, Norman Street, Burnley is recorded publicly as a period leasehold house across 548 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 8, Norman Street, Burnley is £72,596 and its rental estimate is £617 per month, given the available information and assuming reasonable condition.
Norman Street, Burnley, BB10 falls within the BB10 postal district, in the borough of Burnley.
8, Norman Street, Burnley has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 8, Norman Street, Burnley, we estimate a market value of £76,226 and a rental value of £648 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £67,515 and £574 per month respectively.
Over the last year, 8, Norman Street, Burnley has seen its estimated sale value increase by £2,255 (3.1%) and its estimated rental value grow by £29 per month (4.7%). This results in an estimated gross rental yield of 10.2%.
8, Norman Street, Burnley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas, Room heaters, mains gas.
The most recent sale of 8, Norman Street, Burnley completed on 24th May 2024 at £56,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 106.7% over the period since May 2024.
Over the past 2 years 3 properties similar to 8, Norman Street, Burnley have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 25, Saxon Street, Burnley, BB10 1AE, a leasehold house which sold for £60,000.
Read more about house prices in BB10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 21 addresses on Norman Street, Burnley, BB10, 8, Norman Street, Burnley comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £93k less expensive than the average property across the BB10 district.
From 8, Norman Street, Burnley, the nearest station is Burnley Central, 400 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Norman Street, Burnley, 43.3% of property is privately rented and 27.6% is privately owned outright.
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 8, Norman Street, Burnley, 31.8% of residents are recorded as possessing school level qualifications and 18.5% 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 8, Norman Street, Burnley, the average age was 31.2 and the most common age was 12.
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 8, Norman Street, Burnley, 0.0% 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 8, Norman Street, Burnley, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.