Cumberland Road, Wigston, LE18

Street Guide For Cumberland Road, Wigston, LE18

 

Cumberland Road, Wigston, LE18 Map

Estimated Price: £176,700
Average Asking Price: £185,949
Price change in last one year: £9,801
Average Price Paid: £141,359
Average Rent Rates: £806

 

Property Prices Breakdown in Cumberland Road, Wigston, LE18

Average Price for property in Cumberland Road, Wigston, LE18 is around £176,700 which varies based on type of property you are interested in and ranges from £165,563 for detached house to around £179,121 for semi-detached. Values have been changing and have risen £887 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,586 in last 6 months, £9,801 in last 1 year, £16,831 in last 2 years, £19,364 in last 3 years, £17,854 in last 4 years and £16,507 in last 5 years.

Currently average asking price of a property in Cumberland Road, Wigston, LE18 is around £185,949 based on approximately 6 properties for sale. Same is the case with rental options based on 52 properties up for rent, average asking rent is around £806 per month.

Estimated property value in Cumberland Road, Wigston, LE18 is £176,700. Average asking price is £185,949 while average price paid is £147,491 which is up by £9,801 and Avg. asking rent £806.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 Cumberland Road, Wigston, LE18 area. In last 1 year alone average price buyer paid is around £147,491 based on approximately 6 sales in Cumberland Road, Wigston, LE18 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £140,618. 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 £141,359 for 11 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £144,163 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 £129,950, £138,001 for a 2 bedroom house, £173,936 for a 3 bedroom house, £268,303 for a 4 bedroom house and £324,975 for a 5 bedroom house. For a flat similarly the prices varies from £61,250 for a single bedroom to £72,667 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £102,500. To sum up the asking prices for properties in Cumberland Road, Wigston, LE18 it comes to around average £74,990 for 1 bedroom property, £132,557 for 2 bedroom, £172,006 for 3 bedroom, £268,303 for 4 bedroom and £324,975 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 £425 for 1 bedroom to £596 for 2 bedroom, £666 for 3 bedroom and £891 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £409. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £490. You should be generally be expecting around average £415 rent per month for single bedroom property, £573 for 2 bedroom, £666 for 3 bedroom and approximately £891 for 4 bedroom property in Cumberland Road, Wigston, LE18 area.

Popular Houses in Cumberland Road, Wigston, LE18

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 Cumberland Road, Wigston, LE18