Average Price for property in Redlam, Blackburn, BB2 is around £90,246 which varies based on type of property you are interested in and ranges from £93,961 for detached house to around £93,299 for semi-detached. Similarly terraced house is around £90,331. Values have been changing and have risen £74 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £993 in last 6 months, £3,720 in last 1 year, £6,618 in last 2 years, £7,598 in last 3 years, £4,258 in last 4 years and £4,316 in last 5 years.
Currently average asking price of a property in Redlam, 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 Redlam, Blackburn, BB2 is £90,246. Average asking price is £160,187 while average price paid is £54,500 which is up by £3,720 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 Redlam, Blackburn, BB2 area. In last 1 year alone average price buyer paid is around £54,500 based on approximately 4 sales in Redlam, Blackburn, BB2 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £69,750. 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 £71,421 for 19 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £73,086 per sale.