Flat 1, 393
Flat 1, 393
Description & Estimates
Public records show Flat 1, 393, Padiham Road, Burnley to be a period leasehold apartment with 616 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, 393, Padiham Road, Burnley has an estimated sale value of £126,831 and an estimated rental value of £555 per month, assuming reasonable condition and based on the information available.
The apartment sits within 393, Padiham Road, Burnley, BB12.
Padiham Road, Burnley, BB12 lies in the borough of Burnley, within the BB12 postal district.
Our Data Sources
Flat 1, 393, Padiham Road, Burnley has a single entry in the Land Registry from May 2007 and a single entry in the EPC database dated February 2011.
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.
Price Range & Condition
In very good condition, we estimate Flat 1, 393, Padiham Road, Burnley would be worth £133,173, with a potential rental value of £582 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £117,953, with a rental value of £516 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 Flat 1, 393, Padiham Road, Burnley has risen by £1,109 (0.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £9 (1.7%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
Flat 1, 393, Padiham Road, Burnley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 393, Padiham Road, Burnley last changed hands on 8th May 2007, selling for £119,950. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 21.0% since May 2007.
- Sold May 2007£119,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of Flat 1, 393, Padiham Road, Burnley across the last 2 years.
Most recently, Flat 5, 393, Padiham Road, Burnley, BB12 6SZ, a leasehold flat, sold at £44,000 on the 27th February 2019.
Read more about house prices in BB12.
•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 Flat 1, 393, Padiham Road, Burnley as the 373rd largest and the 220th most expensive of the 395 addresses on Padiham Road, Burnley, BB12.
Against the BB12 postcode district average, it is £56k less expensive than the typical property.
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Schools Nearby
- 400mBurnley Ightenhill Primary School
- 500mWhittlefield Primary School
- 800mWellfield Methodist and Anglican Church School
- 1.3kmBurnley High School
- 1.7kmShuttleworth College
- 3.0kmBlessed Trinity Roman Catholic College, A Voluntary Academy
More reading links
Public Transport Nearby
Burnley Barracks station is the nearest stop to Flat 1, 393, Padiham Road, Burnley at 1.2 kilometres away.
- 1.2kmBurnley Barracks
- 1.2kmRose Grove
- 1.9kmBurnley Central
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.
