The red lacquer in the BOHI (fuller) is not rare. It was often done on YARI for different reasons, one of them being to conceal forging flaws.
Otherwise, your YARI seems to be signed HEIANJO (old name for KYOTO) no JU.....It could well be from the early EDO period, but age is not as important as quality and condition.
Generally, a signature is not always reliable to say something about a blade. In your case, you don't know what happened to the blade as the rust is concealing all features it might have. It could even have been in a fire which would make it almost worthless.