Flat 4, 393
Flat 4, 393
Description & Estimates
According to the public record, Flat 4, 393, Padiham Road, Burnley is a period leasehold apartment with 575 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 4, 393, Padiham Road, Burnley is £122,608 and the estimated rental value is £543 per month.
The apartment is within 393, Padiham Road, Burnley, BB12.
Padiham Road, Burnley, BB12 is located in the borough of Burnley within the BB12 postal district.
Our Data Sources
Flat 4, 393, Padiham Road, Burnley has a single entry in the Land Registry from April 2011 and a single entry in the EPC database dated December 2010.
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
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 4, 393, Padiham Road, Burnley is in very good condition we estimate a sale value of £128,739 and a rental value of £570 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,026 and a rental value of £505 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, 393, Padiham Road, Burnley has risen by £86 (0.1%), while its estimated rental value has moved up by £5 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
Flat 4, 393, Padiham Road, Burnley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 4, 393, Padiham Road, Burnley was last sold on 1st April 2011 for £41,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2011, the market for similar properties has risen by 33.0%.
- Sold Apr 2011£41,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 393, Padiham Road, Burnley within a radius of 540 metres over the last 2 years.
The most recent example is Flat 5, 393, Padiham Road, Burnley, BB12 6SZ, a leasehold flat which sold for £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
Padiham Road, Burnley, BB12 has a total of 395 addresses. According to our analysis of all the public data, Flat 4, 393, Padiham Road, Burnley is the 382nd largest and the 231st most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in BB12.
More reading links
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
The closest station to Flat 4, 393, Padiham Road, Burnley is Burnley Barracks station, which is 1.2 kilometres away.
- 1.2kmBurnley Barracks
- 1.2kmRose Grove
- 1.9kmBurnley Central
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
