Average Price for property in Cog Lane, Burnley, BB11 is around £70,743 which varies based on type of property you are interested in and ranges from £128,625 for detached house to around £109,178 for semi-detached. Similarly terraced house is around £56,572 and a flat is worth £112,469. Values have been changing and have risen £119 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,014 in last 6 months, £3,564 in last 1 year, £5,602 in last 2 years, £6,772 in last 3 years, £5,149 in last 4 years and £3,853 in last 5 years.
Currently average asking price of a property in Cog Lane, Burnley, BB11 is around £124,342 based on approximately 11 properties for sale. Same is the case with rental options based on 65 properties up for rent, average asking rent is around £444 per month.
Estimated property value in Cog Lane, Burnley, BB11 is £70,743. Average asking price is £124,342 while average price paid is £70,045 which is up by £3,564 and Avg. asking rent £444.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 Cog Lane, Burnley, BB11 area. In last 1 year alone average price buyer paid is around £70,045 based on approximately 11 sales in Cog Lane, Burnley, BB11 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £55,160. 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 £59,397 for 56 and average amount paid for purchase of approx. 75 properties sold in last 7 years comes to about £60,856 per sale.