Riverwood, Burnley
Riverwood, Burnley
Description & Estimates
According to the public record, Riverwood, Burnley is an early-century freehold house with 1,959 ft2 of internal area and sits on a 1,301 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Riverwood, Burnley is £513,134 and the estimated rental value is £1,724 per month.
Barley, Burnley, BB12 is located in the borough of Pendle within the BB12 postal district.
Our Data Sources
Riverwood, Burnley has 21 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that 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
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 Riverwood, Burnley is in very good condition we estimate a sale value of £538,791 and a rental value of £1,810 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,215 and a rental value of £1,603 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Riverwood, Burnley has climbed by £3,389 (0.7%), while its estimated rental value has risen by £24 per month (1.4%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, Riverwood, Burnley sits on a plot of 1,301 m2.
We have plot size data on 9 out of 11 other houses in the postcode and Riverwood, Burnley sits on the largest plot.
Energy Efficiency
Riverwood, Burnley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, Riverwood, Burnley was last sold on 15th September 2023 for £487,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has dropped by 33.6%.
- Sold Sep 2023£487,500
- Sold Aug 2005£312,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Riverwood, Burnley within a radius of 3.5 kilometres over the last 2 years.
The most recent example is Stang Laith Cottage, Barley New Road, Burnley, BB12 9LD, a freehold house which sold for £550,000 on the 4th May 2023.
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
Barley, Burnley, BB12 has a total of 19 addresses. According to our analysis of all the public data, Riverwood, Burnley is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £330k more expensive than the average property in BB12.
More reading links
Schools Nearby
- 900mNewchurch-In-Pendle St Mary's Church of England Primary School
- 1.7kmRoughlee Church of England Primary School
- 2.8kmWheatley Lane Methodist Primary School
- 4.8kmMarsden Heights Community College
- 5.2kmPendle Vale College
- 5.6kmColne Primet Academy
More reading links
Public Transport Nearby
The closest station to Riverwood, Burnley is Brierfield station, which is 4.4 kilometres away.
- 4.4kmBrierfield
- 4.6kmNelson
- 6.0kmColne
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
