Average Price for property in Cherry Lea, Blackburn, BB2 is around £141,361 which varies based on type of property you are interested in and ranges from £227,396 for detached house to around £133,607 for semi-detached. Similarly terraced house is around £138,279. Values have been changing and have risen £113 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,552 in last 6 months, £5,823 in last 1 year, £10,358 in last 2 years, £11,892 in last 3 years, £6,657 in last 4 years and £6,745 in last 5 years.
Currently average asking price of a property in Cherry Lea, Blackburn, BB2 is around £160,187 based on approximately 0 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £467 per month.
Estimated property value in Cherry Lea, Blackburn, BB2 is £141,361. Average asking price is £160,187 while average price paid is £142,750 which is up by £11,892 and Avg. asking rent £467.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 Cherry Lea, Blackburn, BB2 area. In last 3 years alone average price buyer paid is around £142,750 based on approximately 2 sales in Cherry Lea, Blackburn, BB2 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £154,160. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £149,685 for 7 per sale.