Marton Drive, Burnley, BB11

Street Guide For Marton Drive, Burnley, BB11

 

Marton Drive, Burnley, BB11 Map

Estimated Price: £140,420
Average Asking Price: £124,342
Price change in last one year: £7,070
Average Price Paid: £125,000
Average Rent Rates: £444

 

Property Prices Breakdown in Marton Drive, Burnley, BB11

Average Price for property in Marton Drive, Burnley, BB11 is around £140,420 which varies based on type of property you are interested in and ranges from £161,343 for detached house to around £138,094 for semi-detached. Values have been changing and have risen £235 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,011 in last 6 months, £7,070 in last 1 year, £11,111 in last 2 years, £13,427 in last 3 years, £10,198 in last 4 years and £7,621 in last 5 years.

Currently average asking price of a property in Marton Drive, Burnley, BB11 is around £124,342 based on approximately 2 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 Marton Drive, Burnley, BB11 is £140,420. Average asking price is £124,342 while average price paid is £125,000 which is up by £7,070 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 Marton Drive, Burnley, BB11 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 2 sales in Marton Drive, Burnley, BB11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £125,000. 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 £125,000 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £147,487 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £68,650, £59,392 for a 2 bedroom house, £124,063 for a 3 bedroom house, £208,752 for a 4 bedroom house and £210,686 for a 5 bedroom house. For a flat similarly the prices varies from £47,462 for a single bedroom to £62,850 for a 2 bedroom Flat. To sum up the asking prices for properties in Marton Drive, Burnley, BB11 it comes to around average £56,543 for 1 bedroom property, £59,795 for 2 bedroom, £124,063 for 3 bedroom, £208,752 for 4 bedroom and £210,686 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £472 for 1 bedroom to £364 for 2 bedroom, £516 for 3 bedroom and £325 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £299. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £449. You should be generally be expecting around average £415 rent per month for single bedroom property, £372 for 2 bedroom, £516 for 3 bedroom and approximately £325 for 4 bedroom property in Marton Drive, Burnley, BB11 area.

Popular Houses in Marton Drive, Burnley, BB11

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Marton Drive, Burnley, BB11