40 Spencer Street

    40, SPENCER STREET, BURNLEY, BB10 1BU

    This terraced leasehold property on Spencer Street last sold in January 2024 for £55,000. Based on price growth in the BB10 district since then, its estimated current value is £59,499 — placing it in the 0th percentile nationally and the 10th percentile within BB10. The property covers 64 m² (689 sq ft), giving an estimated value of £930 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £55,000

    Jan 2024

    Estimated Valuation

    £59,499

    Est. £/sq ft

    £86/sq ft

    £930/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area689 sq ft (64 m²)
    EPC dateJun 2021
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Jan 2024

    £55,000

    20 Jul 2005

    £28,500

    Key Metrics

    Estimated valuation£59,499
    Value per sq ft / m²£86/sq ft (£930/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB10 district percentile10th percentile
    National percentile0th percentile

    District Context — BB10

    BB10 covers parts of East Lancashire, including areas around Burnley and Padiham. It is a lower-cost residential district with a traditionally working-class character and strong community ties.

    Average Property Price - BB10

    £159,725

    4

    National percentile

    Average Net Household Income - BB10

    £31,728

    13

    National percentile

    10-Year Annualised Price Growth - BB10

    4.9%

    88

    National percentile

    10-Year Annualised Rent Growth - BB

    3.9%

    49

    National percentile

    View full analysis for BB10

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