Clifford Smith Sutcliffe says ..

Property Oracle says ..

The property located on Parkinson Street, Burnley, is a terraced house listed at £67,000. The average property price in the area is significantly higher at £131,642, and the average price per square foot is £139. However, without the square footage of the subject property, a precise price per square foot comparison cannot be made. Nearby comparable properties on Parkinson Street range from £27,500 to £54,995, suggesting the listed price of £67,000 may be at the higher end of the market for this street, but not outside the realm of possibility depending on the property’s condition and size. Other nearby terraced houses on streets like Branch Road are listed for similar prices, between £35,000 and £60,000. However, properties on Springfield Road command significantly higher prices, reaching £110,000, indicating a price disparity between different areas within Burnley. The property is situated near several primary schools with good Ofsted ratings, including Burnley Springfield Community Primary School and Burnley St Peter’s Church of England Primary School. Transportation links are also relatively close, with Burnley Manchester Road and Burnley Central train stations within a reasonable distance. This suggests a convenient location with access to amenities and transport. Based on the provided image, the property appears to be in need of some modernisation. The walls show signs of patching and the overall aesthetic suggests a need for updating. The lack of information regarding garden size prevents a definitive assessment of the land. In summary, while the location benefits from proximity to schools and transport, and the list price is comparable to some nearby properties, the property’s condition and the lack of information on plot size and square footage make it difficult to definitively assess the value. Further information is needed for a complete and accurate analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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