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Flat 3, 50, Colne Road, Burnley is described in the public record as a period apartment with 258 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3, 50, Colne Road, Burnley is £58,915 and its rental estimate is £472 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.
Flat 3, 50, Colne Road, Burnley has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
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.
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 3, 50, Colne Road, Burnley, we estimate a market value of £61,861 and a rental value of £495 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £54,791 and £439 per month respectively.
Over the last year, Flat 3, 50, Colne Road, Burnley has seen its estimated sale value fall by £374 (0.6%) and its estimated rental value move up by £4 per month (0.9%). This results in an estimated gross rental yield of 9.6%.
Flat 3, 50, Colne Road, Burnley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Over the past 2 years 3 properties have sold within 510 metres of Flat 3, 50, Colne Road, Burnley, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd October 2019, was 42, Colne Road, Burnley, BB10 1LG, a leasehold house which sold for £132,000.
Read more about house prices in BB10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 374 addresses on Colne Road, Burnley, BB10, Flat 3, 50, Colne Road, Burnley comes out as the 372nd largest and the 371st most expensive in our analysis of the public data.
It is also £107k less expensive than the average property across the BB10 district.
From Flat 3, 50, Colne Road, Burnley, the nearest station is Burnley Central, 700 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 Flat 3, 50, Colne Road, 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 3, 50, Colne Road, 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 3, 50, Colne Road, 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 3, 50, Colne Road, 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.