Bailey View, Groby, Leicester, LE6

Street Guide For Bailey View, Groby, Leicester, LE6

 

Bailey View, Groby, Leicester, LE6 Map

Estimated Price: £153,904
Average Asking Price: £368,096
Price change in last one year: £8,853
Average Price Paid: £130,833
Average Rent Rates: £553

 

Property Prices Breakdown in Bailey View, Groby, Leicester, LE6

Average Price for property in Bailey View, Groby, Leicester, LE6 is around £153,904 which varies based on type of property you are interested in and ranges from £290,688 for detached house to around £196,463 for terraced house. Similarly flat is around £132,625. Values have been changing and have risen £357 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,824 in last 6 months, £8,853 in last 1 year, £15,183 in last 2 years, £16,049 in last 3 years, £14,272 in last 4 years and £13,333 in last 5 years.

Currently average asking price of a property in Bailey View, Groby, Leicester, LE6 is around £368,096 based on approximately 1 properties for sale. Same is the case with rental options based on 10 properties up for rent, average asking rent is around £553 per month.

Estimated property value in Bailey View, Groby, Leicester, LE6 is £153,904. Average asking price is £368,096 while average price paid is £124,500 which is up by £8,853 and Avg. asking rent £553.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 Bailey View, Groby, Leicester, LE6 area. In last 1 year alone average price buyer paid is around £124,500 based on approximately 1 sales in Bailey View, Groby, Leicester, LE6 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £130,833. 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 £130,833 for 3 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £129,693 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £187,478, £215,242 for a 3 bedroom house, £411,359 for a 4 bedroom house and £631,993 for a 5 bedroom house. For a flat similarly the prices varies from £105,000 for a single bedroom to £120,475 for a 2 bedroom Flat. To sum up the asking prices for properties in Bailey View, Groby, Leicester, LE6 it comes to around average £105,000 for 1 bedroom property, £172,589 for 2 bedroom, £215,242 for 3 bedroom, £411,359 for 4 bedroom and £631,993 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £544 for 2 bedroom to £663 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £494. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £496. You should be generally be expecting around average £494 rent per month for single bedroom property, £530 for 2 bedroom and approximately £663 for 3 bedroom property in Bailey View, Groby, Leicester, LE6 area.

Popular Houses in Bailey View, Groby, Leicester, LE6

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Bailey View, Groby, Leicester, LE6