Values have been changing and have risen £755 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,007 in last 6 months, £7,679 in last 1 year, £9,386 in last 2 years, £12,372 in last 3 years, £7,883 in last 4 years and £7,246 in last 5 years.
Currently average asking price of a property in Caernarvon Avenue, Padiham, Burnley, BB12 is around £144,952 based on approximately 3 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £558 per month.
Estimated property value in Caernarvon Avenue, Padiham, Burnley, BB12 is £117,704. Average asking price is £144,952 while average price paid is £83,000 which is up by £7,679 and Avg. asking rent £558.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 Caernarvon Avenue, Padiham, Burnley, BB12 area. In last 1 year alone average price buyer paid is around £83,000 based on approximately 3 sales in Caernarvon Avenue, Padiham, Burnley, BB12 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £83,500. 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 £89,772 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £92,166 per sale.