Values have been changing and have risen £452 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,797 in last 6 months, £4,587 in last 1 year, £5,609 in last 2 years, £7,395 in last 3 years, £4,715 in last 4 years and £4,336 in last 5 years.
Currently average asking price of a property in Victoria Apartments, Padiham, Burnley, BB12 is around £144,952 based on approximately 1 properties for sale. Same is the case with rental options based on 71 properties up for rent, average asking rent is around £558 per month.
Estimated property value in Victoria Apartments, Padiham, Burnley, BB12 is £65,413. Average asking price is £144,952 while average price paid is £47,500 which is up by £4,587 and Avg. asking rent £558.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 Victoria Apartments, Padiham, Burnley, BB12 area. In last 1 year alone average price buyer paid is around £47,500 based on approximately 1 sales in Victoria Apartments, Padiham, Burnley, BB12 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £47,500. 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 £47,500 for 1 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £58,766 per sale.