According to the public record, 62, Elmwood Street, Burnley is a period leasehold house and with 688 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Elmwood Street, Burnley, BB11 is located in the borough of Burnley within the BB11 postal district.
62, Elmwood Street, Burnley has 51 entries in the Land Registry database, most recently in April 2007 and 3 entries in the EPC database, most recently in October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 62 Elmwood Street Burnley as £58,280 and the rental value as £401 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 62 Elmwood Street Burnley has increased by £4,078 (7.0%) and its rental value has increased by £21 per month (5.3%).
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 62, Elmwood Street, Burnley is in very good condition we estimate a sale value of £61,194 and rental value of £421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £54,200 and a rental value of £373 per month.
If you were able to purchase this property for the estimated value of £58,280, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £286 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 62, Elmwood Street, Burnley was last sold on 24 Apr 2007 for £39,000 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since Apr 2007, the market for similar properties has risen 28.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Elmwood Street, Burnley within a radius of 84m over the last 2 years.
The most recent example is 44, Elmwood Street, Burnley, BB11 4BP, a Leasehold house which sold for £48,000 in Nov 2023.
Read more about house prices in BB11.
Elmwood Street, Burnley, BB11 has a total of 42 addresses. According to our analysis of all the public data, 62, Elmwood Street, Burnley is the 20th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in BB11.
62, Elmwood Street, Burnley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Oct 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 62, Elmwood Street, Burnley is Burnley Barracks station which is 600 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 62, Elmwood Street, Burnley, 57.9% of property is privately rented and 25.2% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 62, Elmwood Street, Burnley, 14.2% of residents are recorded as possessing school level qualifications and 18.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 62, Elmwood Street, Burnley, the average age was 36.6 and the most common age was 32.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 62, Elmwood Street, Burnley, 0.0% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 62, Elmwood Street, Burnley, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.