Average Price for property in Burnley is around £119,262 which varies based on type of property you are interested in and ranges from £236,196 for detached house to around £136,938 for semi-detached. Similarly terraced house is around £78,387 and a flat is worth £93,796. Values have been changing and have risen £1,362 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,801 in last 6 months, £9,891 in last 1 year, £12,119 in last 2 years, £14,421 in last 3 years, £14,032 in last 4 years and £10,606 in last 5 years.
Currently average asking price of a property in Burnley is around £135,933 based on approximately 1,156 properties for sale. Same is the case with rental options based on 189 properties up for rent, average asking rent is around £476 per month.
Estimated property value in Burnley is £119,262. Average asking price is £135,933 while average price paid is £105,233 which is up by £9,891 and Avg. asking rent £476.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Burnley area. In last 1 year alone average price buyer paid is around £105,233 based on approximately 1,156 sales in Burnley area alone. If you compare it to last 3 years sales of 3,126 properties where buyers paid around £102,748. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £101,857 for 5,061 and average amount paid for purchase of approx. 7,315 properties sold in last 7 years comes to about £102,393 per sale.