Cromwell Drive, East Leake, Loughborough, LE12

Street Guide For Cromwell Drive, East Leake, Loughborough, LE12

 

Cromwell Drive, East Leake, Loughborough, LE12 Map

Estimated Price: £223,439
Average Asking Price: £321,903
Price change in last one year: £15,585
Average Price Paid: £205,799
Average Rent Rates: £620

 

Property Prices Breakdown in Cromwell Drive, East Leake, Loughborough, LE12

Average Price for property in Cromwell Drive, East Leake, Loughborough, LE12 is around £223,439 which varies based on type of property you are interested in and ranges from £220,409 for detached house to around £268,888 for terraced house. Values have been changing and have risen £848 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,968 in last 6 months, £15,585 in last 1 year, £21,455 in last 2 years, £25,489 in last 3 years, £22,855 in last 4 years and £20,471 in last 5 years.

Currently average asking price of a property in Cromwell Drive, East Leake, Loughborough, LE12 is around £321,903 based on approximately 3 properties for sale. Same is the case with rental options based on 75 properties up for rent, average asking rent is around £620 per month.

Estimated property value in Cromwell Drive, East Leake, Loughborough, LE12 is £223,439. Average asking price is £321,903 while average price paid is £189,998 which is up by £15,585 and Avg. asking rent £620.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 Cromwell Drive, East Leake, Loughborough, LE12 area. In last 1 year alone average price buyer paid is around £189,998 based on approximately 3 sales in Cromwell Drive, East Leake, Loughborough, LE12 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £196,856. 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 £205,799 for 10 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £203,642 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 1 bedroom is around £92,370, £132,230 for a 2 bedroom house, £215,533 for a 3 bedroom house, £346,610 for a 4 bedroom house and £613,147 for a 5 bedroom house. For a flat similarly the prices varies from £87,475 for a single bedroom to £130,383 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £315,000. To sum up the asking prices for properties in Cromwell Drive, East Leake, Loughborough, LE12 it comes to around average £90,194 for 1 bedroom property, £131,715 for 2 bedroom, £216,808 for 3 bedroom, £346,610 for 4 bedroom and £613,147 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 £475 for 1 bedroom to £565 for 2 bedrooms, £658 for 3 bedrooms, £915 for 4 bedrooms and £1,276 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £505. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £506 and £565 for 3 bedroom. You should be generally be expecting around average £486 rent per month for single bedroom property, £542 for 2 bedroom, £644 for 3 bedroom, £915 for 4 bedroom and approximately £1,276 for a 5 bedroom property in Cromwell Drive, East Leake, Loughborough, LE12 area.

Popular Houses in Cromwell Drive, East Leake, Loughborough, LE12

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 Cromwell Drive, East Leake, Loughborough, LE12