Average Price for property in Gannow Lane, Burnley, BB12 is around £61,470 which varies based on type of property you are interested in and ranges from £49,744 for detached house to around £61,650 for terraced house. Values have been changing and have risen £425 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,690 in last 6 months, £4,312 in last 1 year, £5,272 in last 2 years, £6,951 in last 3 years, £4,436 in last 4 years and £4,080 in last 5 years.
Currently average asking price of a property in Gannow Lane, Burnley, BB12 is around £145,885 based on approximately 1 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £560 per month.
Estimated property value in Gannow Lane, Burnley, BB12 is £61,470. Average asking price is £145,885 while average price paid is £40,000 which is up by £4,312 and Avg. asking rent £560.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 Gannow Lane, Burnley, BB12 area. In last 1 year alone average price buyer paid is around £40,000 based on approximately 1 sales in Gannow Lane, Burnley, BB12 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £40,375. 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 £50,681 for 11 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £53,788 per sale.