Average Price for property in Armadale Drive, Leicester, LE5 is around £117,134 which varies based on type of property you are interested in and ranges from £114,700 for semi-detached to around £134,173 for terraced house. Values have been changing and have risen £458 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,315 in last 6 months, £6,927 in last 1 year, £11,097 in last 2 years, £12,353 in last 3 years, £12,445 in last 4 years and £10,692 in last 5 years.
Currently average asking price of a property in Armadale Drive, Leicester, LE5 is around £204,674 based on approximately 2 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £768 per month.
Estimated property value in Armadale Drive, Leicester, LE5 is £117,134. Average asking price is £204,674 while average price paid is £101,000 which is up by £6,927 and Avg. asking rent £768.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 Armadale Drive, Leicester, LE5 area. In last 1 year alone average price buyer paid is around £101,000 based on approximately 2 sales in Armadale Drive, Leicester, LE5 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £99,416. 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 £94,050 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £94,589 per sale.