Lower Read Wood Farm, Burnley
Lower Read Wood Farm, Burnley
Description & Estimates
Lower Read Wood Farm, Burnley is described in the public record as a modern house with 3,971 ft2 of internal area, sitting on a 85,561 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Lower Read Wood Farm, Burnley is £681,050 and its rental estimate is £2,288 per month, given the available information and assuming reasonable condition.
Read, Burnley, BB12 falls within the BB12 postal district, in the borough of Ribble Valley.
Our Data Sources
Lower Read Wood Farm, Burnley has no records in the the Land Registry and a single entry in the EPC database dated August 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.
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 Lower Read Wood Farm, Burnley, we estimate a market value of £715,103 and a rental value of £2,402 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £633,377 and £2,128 per month respectively.
Recent Market Change
Over the last year, Lower Read Wood Farm, Burnley has seen its estimated sale value move up by £4,498 (0.7%) and its estimated rental value increase by £32 per month (1.4%). This results in an estimated gross rental yield of 4.0%.
Plot Size
HM Land Registry records the plot of land for Lower Read Wood Farm, Burnley as measuring 85,561 m2.
That makes it the largest plot in the postcode, where 1 of the 3 other houses have recorded plot data.
Energy Efficiency
Lower Read Wood Farm, Burnley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, wood logs.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Lower Read Wood Farm, Burnley has sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2020, was Tunstead House, Simonstone Lane, Burnley, BB12 7NP, a leasehold house which sold for £575,000.
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 9 addresses on Read, Burnley, BB12, Lower Read Wood Farm, Burnley comes out as the largest and the most expensive in our analysis of the public data.
It is also £498k more expensive than the average property across the BB12 district.
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Schools Nearby
- 1.4kmRead St John's CofE Primary School
- 2.1kmSimonstone St Peter's Church of England Primary School
- 2.5kmWhalley Church of England Primary School
- 3.5kmSt Augustine's Roman Catholic High School, a Voluntary Academy
- 5.2kmShuttleworth College
- 5.6kmThe Hyndburn Academy
More reading links
Public Transport Nearby
From Lower Read Wood Farm, Burnley, the nearest station is Whalley (Lancs), 2.8 kilometres away.
- 2.8kmWhalley (Lancs)
- 5.0kmHuncoat
- 5.0kmLangho
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
