71 Reed Street

    71, REED STREET, BURNLEY, BB11 3LP

    This terraced leasehold property on Reed Street last sold in May 2024 for £89,999. Based on price growth in the BB11 district since then, its estimated current value is £104,137 — placing it in the 4th percentile nationally and the 47th percentile within BB11. The property covers 65 m² (700 sq ft), giving an estimated value of £1,602 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £89,999

    May 2024

    Estimated Valuation

    £104,137

    Est. £/sq ft

    £149/sq ft

    £1,602/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateJun 2024
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 May 2024

    £89,999

    26 Nov 2004

    £26,000

    9 Jul 2004

    £17,000

    8 Dec 1995

    £22,000

    Key Metrics

    Estimated valuation£104,137
    Value per sq ft / m²£149/sq ft (£1,602/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    BB11 district percentile47th percentile
    National percentile4th 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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