Burnham Drive, Whetstone, Leicester, LE8

Street Guide For Burnham Drive, Whetstone, Leicester, LE8

 

Burnham Drive, Whetstone, Leicester, LE8 Map

Estimated Price: £274,308
Average Asking Price: £254,620
Price change in last one year: £18,427
Average Price Paid: £219,985
Average Rent Rates: £1,818

 

Property Prices Breakdown in Burnham Drive, Whetstone, Leicester, LE8

Average Price for property in Burnham Drive, Whetstone, Leicester, LE8 is around £274,308 e.g. average price for detached house is around 274,308. Values have been changing and have risen £1,861 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,455 in last 6 months, £18,427 in last 1 year, £30,660 in last 2 years, £33,049 in last 3 years, £28,321 in last 4 years and £27,467 in last 5 years.

Currently average asking price of a property in Burnham Drive, Whetstone, Leicester, LE8 is around £254,620 based on approximately 2 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,818 per month.

Estimated property value in Burnham Drive, Whetstone, Leicester, LE8 is £274,308. Average asking price is £254,620 while average price paid is £214,975 which is up by £18,427 and Avg. asking rent £1,818.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 Burnham Drive, Whetstone, Leicester, LE8 area. In last 1 year alone average price buyer paid is around £214,975 based on approximately 2 sales in Burnham Drive, Whetstone, Leicester, LE8 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £214,980. 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 £219,985 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £221,713 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 £152,325, £208,588 for a 3 bedroom house, £310,747 for a 4 bedroom house and £432,653 for a 5 bedroom house. For a flat similarly the prices varies from £85,075 for a single bedroom to £98,350 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £145,000. To sum up the asking prices for properties in Burnham Drive, Whetstone, Leicester, LE8 it comes to around average £85,075 for 1 bedroom property, £135,458 for 2 bedroom, £207,472 for 3 bedroom, £310,747 for 4 bedroom and £432,653 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 £793 for 1 bedroom to £594 for 2 bedroom, £659 for 3 bedroom and £1,348 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £550. You should be generally be expecting around average £793 rent per month for single bedroom property, £572 for 2 bedroom, £659 for 3 bedroom and approximately £1,348 for 4 bedroom property in Burnham Drive, Whetstone, Leicester, LE8 area.

Popular Houses in Burnham Drive, Whetstone, Leicester, LE8

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 Burnham Drive, Whetstone, Leicester, LE8