Flat 6, The Stackhouses
Flat 6, The Stackhouses
Description & Estimates
Flat 6, The Stackhouses, Burnley is recorded publicly as a period leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 6, The Stackhouses, Burnley is £70,148 and its rental estimate is £513 per month, given the available information and assuming reasonable condition.
The Stackhouses, Bank Parade is a residential building on Bank Parade, Burnley, BB11 and falls within the BB11 postal district and the borough of Burnley.
Our Data Sources
Flat 6, The Stackhouses, Burnley has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated December 2013.
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 6, The Stackhouses, Burnley, we estimate a market value of £73,655 and a rental value of £539 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £65,238 and £477 per month respectively.
Recent Market Change
Over the last year, Flat 6, The Stackhouses, Burnley has seen its estimated sale value move down by £297 (0.4%) and its estimated rental value decrease by £0 per month (0.1%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
Flat 6, The Stackhouses, Burnley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2013.
The property is not 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 6, The Stackhouses, Burnley completed on 24th April 2023 at £53,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 31.9% over the period since April 2023.
- Sold Apr 2023£53,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 6, The Stackhouses, Burnley have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd June 2022, was 27A, Standish Street, Burnley, BB11 1AP, a leasehold flat which sold for £60,000.
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
Of the 67 addresses on Bank Parade, Burnley, BB11, Flat 6, The Stackhouses, Burnley comes out as the 21st largest and the 28th most expensive in our analysis of the public data.
It is also £70k less expensive than the average property across the BB11 district.
More reading links
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
More reading links
Public Transport Nearby
From Flat 6, The Stackhouses, Burnley, the nearest station is Burnley Central, 400 metres away.
- 400mBurnley Central
- 900mBurnley Manchester Road
- 1.2kmBurnley Barracks
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.
