Flat 1, 50
Flat 1, 50
Description & Estimates
Flat 1, 50, Colne Road, Burnley is described in the public record as a period apartment with 462 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 50, Colne Road, Burnley is £75,898 and its rental estimate is £607 per month, given the available information and assuming reasonable condition.
50, Colne Road is a residential building on Colne Road, Burnley, BB10 and falls within the BB10 postal district and the borough of Burnley.
Our Data Sources
Flat 1, 50, Colne Road, Burnley has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 1, 50, Colne Road, Burnley, we estimate a market value of £79,693 and a rental value of £638 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £70,585 and £565 per month respectively.
Recent Market Change
Over the last year, Flat 1, 50, Colne Road, Burnley has seen its estimated sale value grow by £258 (0.3%) and its estimated rental value climb by £11 per month (1.8%). This results in an estimated gross rental yield of 9.6%.
Energy Efficiency
Flat 1, 50, Colne Road, Burnley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 1, 50, Colne Road, Burnley has sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2022, was 112A, Burns Street, Burnley, BB12 0DE, a leasehold flat which sold for £85,000.
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, Flat 1, 50, Colne Road, Burnley comes out as the 345th largest and the 323rd most expensive in our analysis of the public data.
It is also £90k less expensive than the average property across the BB10 district.
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Schools Nearby
- 600mBurnley Stoneyholme Community Primary School
- 700mHeasandford Primary School
- 800mBurnley St Peter's Church of England Primary School
- 800mBlessed Trinity Roman Catholic College, A Voluntary Academy
- 1.5kmSir John Thursby Community College
- 2.1kmUnity College
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Public Transport Nearby
From Flat 1, 50, Colne Road, Burnley, the nearest station is Burnley Central, 700 metres away.
- 700mBurnley Central
- 1.5kmBurnley Barracks
- 1.7kmBurnley Manchester Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
