Values have been changing and have risen £105 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £902 in last 6 months, £3,173 in last 1 year, £4,988 in last 2 years, £6,030 in last 3 years, £4,587 in last 4 years and £3,435 in last 5 years.
Currently average asking price of a property in Oxford Road, 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 Oxford Road, Burnley, BB11 is £62,971. Average asking price is £124,342 while average price paid is £30,500 which is up by £3,173 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 Oxford Road, Burnley, BB11 area. In last 1 year alone average price buyer paid is around £30,500 based on approximately 2 sales in Oxford Road, Burnley, BB11 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £87,367. 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 £66,803 for 17 and average amount paid for purchase of approx. 27 properties sold in last 7 years comes to about £60,881 per sale.