Somerset Road, Rishton, Blackburn, BB1

Street Guide For Somerset Road, Rishton, Blackburn, BB1

 

Somerset Road, Rishton, Blackburn, BB1 Map

Estimated Price: £152,879
Average Asking Price: £154,487
Price change in last one year: £8,062
Average Price Paid: £144,581
Average Rent Rates: £556

 

Property Prices Breakdown in Somerset Road, Rishton, Blackburn, BB1

Average Price for property in Somerset Road, Rishton, Blackburn, BB1 is around £152,879 e.g. average price for semi-detached is around 152,879. Values have been changing and have risen £286 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £668 in last 6 months, £8,062 in last 1 year, £8,403 in last 2 years, £13,326 in last 3 years, £8,889 in last 4 years and £4,365 in last 5 years.

Currently average asking price of a property in Somerset Road, Rishton, Blackburn, BB1 is around £154,487 based on approximately 4 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £556 per month.

Estimated property value in Somerset Road, Rishton, Blackburn, BB1 is £152,879. Average asking price is £154,487 while average price paid is £152,225 which is up by £8,062 and Avg. asking rent £556.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 Somerset Road, Rishton, Blackburn, BB1 area. In last 1 year alone average price buyer paid is around £152,225 based on approximately 4 sales in Somerset Road, Rishton, Blackburn, BB1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £140,300. 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 £144,581 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £147,460 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 £64,983, £103,009 for a 2 bedroom house, £134,122 for a 3 bedroom house, £268,003 for a 4 bedroom house and £422,577 for a 5 bedroom house. For a flat similarly the prices varies from £52,500 for a single bedroom to £100,491 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £55,000. To sum up the asking prices for properties in Somerset Road, Rishton, Blackburn, BB1 it comes to around average £59,990 for 1 bedroom property, £102,678 for 2 bedroom, £134,122 for 3 bedroom, £264,916 for 4 bedroom and £422,577 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 £464 for 1 bedroom to £448 for 2 bedrooms, £537 for 3 bedrooms, £609 for 4 bedrooms and £702 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £402. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £497. You should be generally be expecting around average £413 rent per month for single bedroom property, £458 for 2 bedroom, £537 for 3 bedroom, £609 for 4 bedroom and approximately £702 for a 5 bedroom property in Somerset Road, Rishton, Blackburn, BB1 area.

Popular Houses in Somerset Road, Rishton, Blackburn, BB1

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 Somerset Road, Rishton, Blackburn, BB1