Average Price for property in Richmond Street, Burnley, BB11 is around £65,247 which varies based on type of property you are interested in and ranges from £71,167 for semi-detached to around £64,792 for terraced house. Values have been changing and have risen £110 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £936 in last 6 months, £3,289 in last 1 year, £5,169 in last 2 years, £6,248 in last 3 years, £4,751 in last 4 years and £3,556 in last 5 years.
Currently average asking price of a property in Richmond Street, 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 Richmond Street, Burnley, BB11 is £65,247. Average asking price is £124,342 while average price paid is £56,000 which is up by £3,289 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 Richmond Street, Burnley, BB11 area. In last 1 year alone average price buyer paid is around £56,000 based on approximately 2 sales in Richmond Street, Burnley, BB11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £56,000. 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 £53,166 for 3 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £54,750 per sale.