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According to the public record, Flat 2, The Stackhouses, Burnley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 718 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, The Stackhouses, Burnley is £72,056 and the estimated rental value is £515 per month.
The apartment is within The Stackhouses, Bank Parade, Burnley, BB11.
Bank Parade, Burnley, BB11 is located in the borough of Burnley within the BB11 postal district.
Flat 2, The Stackhouses, Burnley has a single entry in the Land Registry from April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, The Stackhouses, Burnley is in very good condition we estimate a sale value of £75,659 and a rental value of £540 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,012 and a rental value of £479 per month.
Over the last 12 months the sale value of Flat 2 The Stackhouses Burnley has decreased by an estimated £305 (0.4%) and its rental value has decreased by an estimated £0 per month (0.1%), giving an expected gross yield of 8.6%.
According to HM Land Registry, Flat 2, The Stackhouses, Burnley was last sold on 11th April 2008 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2008, the market for similar properties has dropped 34.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Stackhouses, Burnley within a radius of 620 metres over the last 2 years.
The most recent example is Flat 6, The Stackhouses, Bank Parade, Burnley, BB11 1UG, a leasehold flat which sold for £53,000 on the 24th April 2023.
Read more about house prices in BB11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bank Parade, Burnley, BB11 has a total of 67 addresses. According to our analysis of all the public data, Flat 2, The Stackhouses, Burnley is the 13th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in BB11.
The closest station to Flat 2, The Stackhouses, Burnley is Burnley Central station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, The Stackhouses, Burnley, % of property is and % is .
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 Flat 2, The Stackhouses, Burnley, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Flat 2, The Stackhouses, 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 Flat 2, The Stackhouses, Burnley, there are an average of 0.0 cars per household.
See below for how this compares to North West and the rest of England & Wales.