Drage Close, Lutterworth, LE17

Street Guide For Drage Close, Lutterworth, LE17

 

Drage Close, Lutterworth, LE17 Map

Estimated Price: £154,043
Average Asking Price: £328,390
Price change in last one year: £8,413
Average Price Paid: £148,500
Average Rent Rates: £926

 

Property Prices Breakdown in Drage Close, Lutterworth, LE17

Values have been changing and have risen £489 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,582 in last 6 months, £8,413 in last 1 year, £16,273 in last 2 years, £17,214 in last 3 years, £17,062 in last 4 years and £16,858 in last 5 years.

Currently average asking price of a property in Drage Close, Lutterworth, LE17 is around £328,390 based on approximately 2 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £926 per month.

Estimated property value in Drage Close, Lutterworth, LE17 is £154,043. Average asking price is £328,390 while average price paid is £148,500 which is up by £8,413 and Avg. asking rent £926.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 Drage Close, Lutterworth, LE17 area. In last 1 year alone average price buyer paid is around £148,500 based on approximately 2 sales in Drage Close, Lutterworth, LE17 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £148,500. 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 £148,500 for 2 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £141,750 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 £170,000, £192,691 for a 2 bedroom house, £218,436 for a 3 bedroom house, £362,689 for a 4 bedroom house and £561,177 for a 5 bedroom house. For a flat similarly the prices varies from £110,000 for a single bedroom to £114,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Drage Close, Lutterworth, LE17 it comes to around average £130,000 for 1 bedroom property, £176,953 for 2 bedroom, £218,436 for 3 bedroom, £362,689 for 4 bedroom and £561,177 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 £451 for 1 bedroom to £649 for 2 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property and approximately £649 for 2 bedroom property in Drage Close, Lutterworth, LE17 area.

Popular Houses in Drage Close, Lutterworth, LE17

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 Drage Close, Lutterworth, LE17