The 28-year old flicked home Yaya Toure's low drive to edge closer to the top of the rankings.
The strike moved him onto 154 all time City goals, one ahead of Bell, meaning the Argentinian stands third on his own in the ranking.
Tommy Johnson is next up on the list with 166 goals in his 10 years at City, whilst Eric Brook reigns supreme in first place with 178 goals for the Club.
Sergio's goal against Burnley also moved him onto 113 Premier League goals in total, level with ex-Arsenal forward Ian Wright and joint 17th in the all-time list. Wright's goals came from 213 appearances, while Aguero is on 164 games played.
The Argentinian has scored 18 this season, 11 in the Premier League plus two hat-tricks in the Champions League and one FA Cup goal.
Watch his goal against Burnley in our highlights package below