Values have been changing and have risen £69 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £929 in last 6 months, £3,479 in last 1 year, £6,190 in last 2 years, £7,110 in last 3 years, £3,987 in last 4 years and £4,041 in last 5 years.
Currently average asking price of a property in Wellfield Road, Blackburn, BB2 is around £160,187 based on approximately 1 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £467 per month.
Estimated property value in Wellfield Road, Blackburn, BB2 is £84,408. Average asking price is £160,187 while average price paid is £97,000 which is up by £3,479 and Avg. asking rent £467.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 Wellfield Road, Blackburn, BB2 area. In last 1 year alone average price buyer paid is around £97,000 based on approximately 1 sales in Wellfield Road, Blackburn, BB2 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £85,000. 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 £82,200 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £77,992 per sale.