24 Reed Street

    24, REED STREET, BURNLEY, BB11 3LP

    This terraced leasehold property on Reed Street last sold in October 2018 for £36,500. Based on price growth in the BB11 district since then, its estimated current value is £56,074 — placing it in the 0th percentile nationally and the 14th percentile within BB11. The property covers 53 m² (570 sq ft), giving an estimated value of £1,058 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £36,500

    Oct 2018

    Estimated Valuation

    £56,074

    Est. £/sq ft

    £98/sq ft

    £1,058/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area570 sq ft (53 m²)
    EPC dateDec 2024
    WallsSandstone or limestone, with internal insulation
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Oct 2018

    £36,500

    14 Jan 2010

    £55,000

    10 Aug 2007

    £44,000

    5 Jul 2007

    £38,000

    Key Metrics

    Estimated valuation£56,074
    Value per sq ft / m²£98/sq ft (£1,058/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB11 district percentile14th percentile
    National percentile0th percentile

    District Context — BB11

    BB11 covers Burnley and surrounding areas in East Lancashire, positioned between the Pennines and the industrial heartland of northwest England. The district blends residential neighbourhoods with a historic mill town character, offering affordable housing and strong community infrastructure.

    Average Property Price - BB11

    £144,814

    2

    National percentile

    Average Net Household Income - BB11

    £30,521

    9

    National percentile

    10-Year Annualised Price Growth - BB11

    5.8%

    96

    National percentile

    10-Year Annualised Rent Growth - BB

    3.9%

    49

    National percentile

    View full analysis for BB11

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