Average Price for property in Colchester Road, Leicester, LE5 is around £174,400 which varies based on type of property you are interested in and ranges from £233,311 for detached house to around £170,307 for semi-detached. Similarly terraced house is around £143,778. Values have been changing and have risen £678 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,427 in last 6 months, £10,255 in last 1 year, £16,428 in last 2 years, £18,286 in last 3 years, £18,418 in last 4 years and £15,819 in last 5 years.
Currently average asking price of a property in Colchester Road, Leicester, LE5 is around £204,674 based on approximately 3 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 Colchester Road, Leicester, LE5 is £174,400. Average asking price is £204,674 while average price paid is £168,333 which is up by £10,255 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 Colchester Road, Leicester, LE5 area. In last 1 year alone average price buyer paid is around £168,333 based on approximately 3 sales in Colchester Road, Leicester, LE5 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £156,695. 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 £150,865 for 19 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £148,822 per sale.