Flat 1, 61
Flat 1, 61
Description & Estimates
The public record describes Flat 1, 61, Bank Parade, Burnley as a period apartment with 333 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 1, 61, Bank Parade, Burnley has an estimated sale value of £54,666 and an estimated rental value of £438 per month, assuming reasonable condition and based on the information available.
The apartment sits within 61, Bank Parade, Burnley, BB11.
Bank Parade, Burnley, BB11 lies in the borough of Burnley, within the BB11 postal district.
Our Data Sources
Flat 1, 61, Bank Parade, Burnley has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
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
In very good condition, we estimate Flat 1, 61, Bank Parade, Burnley would be worth £57,399, with a potential rental value of £460 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £50,839, with a rental value of £407 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, 61, Bank Parade, Burnley has risen by £66 (0.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £4 (1.0%). The property's estimated gross yield is currently 9.6%.
Energy Efficiency
Flat 1, 61, Bank Parade, Burnley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 630 metres of Flat 1, 61, Bank Parade, Burnley across the last 2 years.
Most recently, Flat 1, 165, Leyland Road, Burnley, BB11 3DN, a leasehold flat, sold at £39,000 on the 1st June 2020.
Read more about house prices in BB11.
•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, 61, Bank Parade, Burnley as the 49th largest and the 42nd most expensive of the 67 addresses on Bank Parade, Burnley, BB11.
Against the BB11 postcode district average, it is £86k less expensive than the typical property.
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Schools Nearby
- 100mBurnley St Peter's Church of England Primary School
- 700mSt Mary's RC Primary School, a Voluntary Academy
- 900mBurnley Springfield Community Primary School
- 800mBlessed Trinity Roman Catholic College, A Voluntary Academy
- 1.6kmUnity College
- 2.0kmSir John Thursby Community College
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Public Transport Nearby
Burnley Central station is the nearest stop to Flat 1, 61, Bank Parade, Burnley at 400 metres away.
- 400mBurnley Central
- 900mBurnley Manchester Road
- 1.2kmBurnley 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.
