403 Red Lees Road

    403, RED LEES ROAD, BURNLEY, BB10 4TF

    This terraced leasehold property on Red Lees Road last sold in August 2016 for £169,950. Based on price growth in the BB10 district since then, its estimated current value is £263,914 — placing it in the 41st percentile nationally and the 86th percentile within BB10. The property covers 103 m² (1,109 sq ft), giving an estimated value of £2,562 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    1,109 sq ft

    103 m²

    Last Sale Price

    £169,950

    Aug 2016

    Estimated Valuation

    £263,914

    Est. £/sq ft

    £238/sq ft

    £2,562/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 area1,109 sq ft (103 m²)
    EPC dateMar 2015
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas, Electric storage heaters

    Transaction History

    26 Aug 2016

    £169,950

    Key Metrics

    Estimated valuation£263,914
    Value per sq ft / m²£238/sq ft (£2,562/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB10 district percentile86th percentile
    National percentile41st 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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