Average Price for property in Colne is around £126,944 which varies based on type of property you are interested in and ranges from £295,610 for detached house to around £154,481 for semi-detached. Similarly terraced house is around £89,191 and a flat is worth £110,284. Values have been changing and have risen £884 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,130 in last 6 months, £6,046 in last 1 year, £13,701 in last 2 years, £19,952 in last 3 years, £13,398 in last 4 years and £16,306 in last 5 years.
Currently average asking price of a property in Colne is around £176,008 based on approximately 293 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £526 per month.
Estimated property value in Colne is £126,944. Average asking price is £176,008 while average price paid is £118,679 which is up by £6,046 and Avg. asking rent £526.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 Colne area. In last 1 year alone average price buyer paid is around £118,679 based on approximately 293 sales in Colne area alone. If you compare it to last 3 years sales of 839 properties where buyers paid around £116,849. 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 £116,881 for 1,346 and average amount paid for purchase of approx. 1,902 properties sold in last 7 years comes to about £115,645 per sale.