There are many different kinds of properties for sale in Burnley. Some of them include single family homes, flats, and apartments. In this article, you’ll learn more about the kinds of houses available, the average prices, and the crime and income rates in the area.
Average sale price of houses in Burnley
The average sale price of houses in Burnley has increased by 16.1% in the year to September. This is slightly higher than the average price for houses in England and Wales, which is PS229,707 and reflects a quarterly increase of 0.9%.
However, the average sale price of houses in Burnley is still below the national average of PS296,000. The HM Land Registry data has been licensed under the Open Government Licence v3.0.
There are many factors that will affect the final price of a property. Population, demographics, and industry will all be taken into account.
There are three main types of properties in the Burnley housing market – flats, detached and terraced houses. Flats make up a large percentage of sales, while semi-detached and detached house prices have been on the rise.
Having said that, it’s not always easy to find out what’s happening in the local property market. One way to do this is to look at historic house price data. Another option is to get an estimated valuation for a postcode by using Zoopla.
Average household income in Burnley
If you’re looking for a good measure of your local area, the average household income in Burnley can be an excellent indicator. You can find out the statistics by visiting the Office for National Statistics, who publishes the data. The figures can be found on their website, including links to the ASHE and the aforementioned data table.
Despite the relative economic health of the city, some parts of Burnley are still living in absolute poverty. In fact, 50% of the city’s children live in low-income households.
The average monthly mortgage repayment in Burnley is nearly $2400. Although the Bank of England predicts a prolonged recession, the economy is bucking the trend.
Burnley is home to a plethora of parks. The 11 public parks cover over 27.2% of the city’s total land area. The top employers include Next, Safran, and Burnley College.
There is a small amount of unemployment in Burnley, though. Universal Credit figures are published by the government, providing a rough estimate of underemployment.
Average crime rate in Burnley
If you’re wondering how safe you are, you may be interested in learning more about the average crime rate in Burnley. Here, you can learn about the types of crimes that are most likely to occur in the area, along with other facts about the local area.
The most houses for sale in shavington in the area are criminal damage, theft, and violence. Violent crimes include homicide, assault with injury, and stalking. Sexual offences are also very common.
Burglary is another major problem in the town. It is reported that the number of break-ins has decreased in recent years. However, the rate of burglary in Burnley is still one of the highest in the region.
In addition, a report from the Lancashire Telegraph stated that the crime rate in Burnley is the highest of any place in Wales. In addition, it also claimed that the city had the highest burglary rates in the entire UK.
There are some good neighborhoods and bad neighborhoods in the city. It’s important to be aware of your surroundings, especially when walking or cycling through the city.
Average rental yield in Burnley
Whether you’re buying a property or looking to invest in Burnley, it’s important to understand the key data. You’ll need to know what the local population looks like, how much the average rental income is and how many houses have been sold in the past year. These factors will help you determine if the area is worth investing in.
The population of Burnley has increased in recent years. It is now home to 791 people. A larger population can indicate that there is a demand for homes in the area.
The population of Burnley has risen by 17% in the past three years. The city’s regeneration scheme has seen a rise in house prices and employment opportunities.
Rental yields in Burnley are the highest in the UK. At 7.1%, they’re above the national average of 3.6%. They are also higher than the average in Scotland and Northern Ireland. In England, rents have risen by 22 per cent since 2010-11.
