Average Price for property in Bacup is around £118,712 which varies based on type of property you are interested in and ranges from £207,694 for detached house to around £122,844 for semi-detached. Similarly terraced house is around £79,102 and a flat is worth £86,236. Values have been changing and have risen £745 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,696 in last 6 months, £4,275 in last 1 year, £12,506 in last 2 years, £5,979 in last 3 years, £1,675 in last 4 years and £4,229 in last 5 years.
Currently average asking price of a property in Bacup is around £149,537 based on approximately 192 properties for sale. Same is the case with rental options based on 43 properties up for rent, average asking rent is around £596 per month.
Estimated property value in Bacup is £118,712. Average asking price is £149,537 while average price paid is £104,567 which is up by £4,275 and Avg. asking rent £596.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 Bacup area. In last 1 year alone average price buyer paid is around £104,567 based on approximately 192 sales in Bacup area alone. If you compare it to last 3 years sales of 487 properties where buyers paid around £105,726. 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 £107,163 for 819 and average amount paid for purchase of approx. 1,230 properties sold in last 7 years comes to about £110,850 per sale.