Nares Road, Blackburn, BB2

Street Guide For Nares Road, Blackburn, BB2

 

Nares Road, Blackburn, BB2 Map

Estimated Price: £111,531
Average Asking Price: £160,187
Price change in last one year: £4,598
Average Price Paid: £103,104
Average Rent Rates: £467

 

Property Prices Breakdown in Nares Road, Blackburn, BB2

Average Price for property in Nares Road, Blackburn, BB2 is around £111,531 which varies based on type of property you are interested in and ranges from £110,771 for semi-detached to around £112,329 for terraced house. Values have been changing and have risen £91 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,227 in last 6 months, £4,598 in last 1 year, £8,180 in last 2 years, £9,391 in last 3 years, £5,261 in last 4 years and £5,330 in last 5 years.

Currently average asking price of a property in Nares Road, Blackburn, BB2 is around £160,187 based on approximately 4 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 Nares Road, Blackburn, BB2 is £111,531. Average asking price is £160,187 while average price paid is £105,250 which is up by £4,598 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 Nares Road, Blackburn, BB2 area. In last 1 year alone average price buyer paid is around £105,250 based on approximately 4 sales in Nares Road, Blackburn, BB2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £100,750. 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 £103,104 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £104,015 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 £108,750, £87,364 for a 2 bedroom house, £130,989 for a 3 bedroom house, £273,922 for a 4 bedroom house and £432,848 for a 5 bedroom house. For a flat similarly the prices varies from £60,883 for a single bedroom to £106,307 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £87,500. To sum up the asking prices for properties in Nares Road, Blackburn, BB2 it comes to around average £69,586 for 1 bedroom property, £89,232 for 2 bedroom, £130,534 for 3 bedroom, £273,922 for 4 bedroom and £432,848 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 £410 for 1 bedroom to £428 for 2 bedrooms, £520 for 3 bedrooms, £618 for 4 bedrooms and £849 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £347. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £455 and £464 for 3 bedroom. You should be generally be expecting around average £363 rent per month for single bedroom property, £435 for 2 bedroom, £514 for 3 bedroom, £618 for 4 bedroom and approximately £849 for a 5 bedroom property in Nares Road, Blackburn, BB2 area.

Popular Houses in Nares Road, Blackburn, BB2

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 Nares Road, Blackburn, BB2