Flat 5, 393
Flat 5, 393
Description & Estimates
Flat 5, 393, Padiham Road, Burnley is recorded publicly as a period leasehold apartment across 565 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, 393, Padiham Road, Burnley is £121,507 and its rental estimate is £540 per month, given the available information and assuming reasonable condition.
393, Padiham Road is a residential building on Padiham Road, Burnley, BB12 and falls within the BB12 postal district and the borough of Burnley.
Our Data Sources
Flat 5, 393, Padiham Road, Burnley has 2 entries in the Land Registry , most recently in February 2019 and a single entry in the EPC database dated September 2009.
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
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 5, 393, Padiham Road, Burnley, we estimate a market value of £127,582 and a rental value of £567 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £113,001 and £502 per month respectively.
Recent Market Change
Over the last year, Flat 5, 393, Padiham Road, Burnley has seen its estimated sale value move up by £85 (0.1%) and its estimated rental value increase by £5 per month (0.9%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Flat 5, 393, Padiham Road, Burnley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 5, 393, Padiham Road, Burnley completed on 27th February 2019 at £44,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 35.8% over the period since February 2019.
- Sold Feb 2019£44,000
- Sold Oct 2011£40,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 393, Padiham Road, Burnley have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st April 2011, was Flat 4, 393, Padiham Road, Burnley, BB12 6SZ, a leasehold flat which sold for £41,000.
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
Of the 395 addresses on Padiham Road, Burnley, BB12, Flat 5, 393, Padiham Road, Burnley comes out as the 383rd largest and the 233rd most expensive in our analysis of the public data.
It is also £62k less expensive than the average property across the BB12 district.
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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
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Public Transport Nearby
From Flat 5, 393, Padiham Road, Burnley, the nearest station is Burnley Barracks, 1.2 kilometres away.
- 1.2kmBurnley Barracks
- 1.2kmRose Grove
- 1.9kmBurnley Central
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.
