Values have been changing and have risen £510 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,317 in last 6 months, £6,811 in last 1 year, £11,872 in last 2 years, £12,619 in last 3 years, £11,052 in last 4 years and £10,537 in last 5 years.
Currently average asking price of a property in Denmark Road, Leicester, LE2 is around £232,679 based on approximately 2 properties for sale. Same is the case with rental options based on 710 properties up for rent, average asking rent is around £823 per month.
Estimated property value in Denmark Road, Leicester, LE2 is £107,992. Average asking price is £232,679 while average price paid is £105,050 which is up by £6,811 and Avg. asking rent £823.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 Denmark Road, Leicester, LE2 area. In last 1 year alone average price buyer paid is around £105,050 based on approximately 2 sales in Denmark Road, Leicester, LE2 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £105,025. 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 £101,266 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £101,266 per sale.