Average Price for property in Simonstone Lane, Simonstone, Burnley, BB12 is around £403,430 which varies based on type of property you are interested in and ranges from £521,579 for detached house to around £268,403 for semi-detached. Values have been changing and have risen £2,778 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,067 in last 6 months, £28,262 in last 1 year, £34,532 in last 2 years, £45,516 in last 3 years, £28,968 in last 4 years and £26,600 in last 5 years.
Currently average asking price of a property in Simonstone Lane, Simonstone, Burnley, BB12 is around £145,885 based on approximately 2 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £560 per month.
Estimated property value in Simonstone Lane, Simonstone, Burnley, BB12 is £403,430. Average asking price is £145,885 while average price paid is £391,850 which is up by £28,262 and Avg. asking rent £560.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 Simonstone Lane, Simonstone, Burnley, BB12 area. In last 1 year alone average price buyer paid is around £391,850 based on approximately 2 sales in Simonstone Lane, Simonstone, Burnley, BB12 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £336,675. 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 £358,340 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £360,283 per sale.