Average Price for property in Red Lane, Colne, BB8 is around £373,464 which varies based on type of property you are interested in and ranges from £493,145 for detached house to around £247,133 for semi-detached. Values have been changing and have risen £441 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,318 in last 6 months, £17,229 in last 1 year, £29,598 in last 2 years, £39,005 in last 3 years, £24,855 in last 4 years and £25,035 in last 5 years.
Currently average asking price of a property in Red Lane, Colne, BB8 is around £176,008 based on approximately 1 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £526 per month.
Estimated property value in Red Lane, Colne, BB8 is £373,464. Average asking price is £176,008 while average price paid is £650,000 which is up by £17,229 and Avg. asking rent £526.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 Red Lane, Colne, BB8 area. In last 1 year alone average price buyer paid is around £650,000 based on approximately 1 sales in Red Lane, Colne, BB8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £334,432. 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 £299,361 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £311,550 per sale.