Average Price for property in The Ridings, Burnley, BB12 is around £182,536 which varies based on type of property you are interested in and ranges from £185,778 for detached house to around £166,599 for semi-detached. Similarly terraced house is around £181,981. Values have been changing and have risen £1,257 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,008 in last 6 months, £12,790 in last 1 year, £15,627 in last 2 years, £20,600 in last 3 years, £13,117 in last 4 years and £12,050 in last 5 years.
Currently average asking price of a property in The Ridings, Burnley, BB12 is around £145,885 based on approximately 1 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 The Ridings, Burnley, BB12 is £182,536. Average asking price is £145,885 while average price paid is £153,000 which is up by £12,790 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 The Ridings, Burnley, BB12 area. In last 1 year alone average price buyer paid is around £153,000 based on approximately 1 sales in The Ridings, Burnley, BB12 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £153,000. 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 £153,000 for 1 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £175,000 per sale.