Reedley Road, Burnley, BB10

Street Guide For Reedley Road, Burnley, BB10

 

Reedley Road, Burnley, BB10 Map

Estimated Price: £167,545
Average Asking Price: £133,902
Price change in last one year: £7,474
Average Price Paid: £133,438
Average Rent Rates: £409

 

Property Prices Breakdown in Reedley Road, Burnley, BB10

Average Price for property in Reedley Road, Burnley, BB10 is around £167,545 which varies based on type of property you are interested in and ranges from £201,029 for detached house to around £160,156 for semi-detached. Similarly terraced house is around £105,017. Values have been changing and have risen £125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,351 in last 6 months, £7,474 in last 1 year, £10,625 in last 2 years, £15,040 in last 3 years, £10,509 in last 4 years and £6,043 in last 5 years.

Currently average asking price of a property in Reedley Road, Burnley, BB10 is around £133,902 based on approximately 3 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £409 per month.

Estimated property value in Reedley Road, Burnley, BB10 is £167,545. Average asking price is £133,902 while average price paid is £146,000 which is up by £7,474 and Avg. asking rent £409.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 Reedley Road, Burnley, BB10 area. In last 1 year alone average price buyer paid is around £146,000 based on approximately 3 sales in Reedley Road, Burnley, BB10 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £128,707. 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 £133,438 for 9 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £156,996 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 £267,500, £75,750 for a 2 bedroom house, £141,510 for a 3 bedroom house, £199,117 for a 4 bedroom house and £404,599 for a 5 bedroom house. For a flat similarly the prices varies from £129,000 for a single bedroom to £82,295 for a 2 bedroom Flat. To sum up the asking prices for properties in Reedley Road, Burnley, BB10 it comes to around average £239,800 for 1 bedroom property, £76,094 for 2 bedroom, £141,510 for 3 bedroom, £199,117 for 4 bedroom and £404,599 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 £199 for 1 bedroom to £397 for 2 bedroom, £488 for 3 bedroom and £550 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £341. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £347. You should be generally be expecting around average £313 rent per month for single bedroom property, £390 for 2 bedroom, £488 for 3 bedroom and approximately £550 for 4 bedroom property in Reedley Road, Burnley, BB10 area.

Popular Houses in Reedley Road, Burnley, BB10

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 Reedley Road, Burnley, BB10