Average Price for property in Blackburn is around £133,796 which varies based on type of property you are interested in and ranges from £256,896 for detached house to around £141,305 for semi-detached. Similarly terraced house is around £87,476 and a flat is worth £105,545. Values have been changing and have risen £1,254 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,314 in last 6 months, £7,026 in last 1 year, £10,990 in last 2 years, £10,969 in last 3 years, £6,538 in last 4 years and £6,542 in last 5 years.
Currently average asking price of a property in Blackburn is around £162,873 based on approximately 1,177 properties for sale. Same is the case with rental options based on 196 properties up for rent, average asking rent is around £511 per month.
Estimated property value in Blackburn is £133,796. Average asking price is £162,873 while average price paid is £126,245 which is up by £7,026 and Avg. asking rent £511.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 Blackburn area. In last 1 year alone average price buyer paid is around £126,245 based on approximately 1,177 sales in Blackburn area alone. If you compare it to last 3 years sales of 3,651 properties where buyers paid around £124,731. 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 £123,552 for 6,084 and average amount paid for purchase of approx. 8,719 properties sold in last 7 years comes to about £123,522 per sale.