Average Price for property in Elms Road, Leicester, LE2 is around £496,733 which varies based on type of property you are interested in and ranges from £595,832 for detached house to around £397,817 for semi-detached. Similarly terraced house is around £283,844 and a flat is worth £491,447. Values have been changing and have risen £2,299 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,464 in last 6 months, £30,778 in last 1 year, £53,654 in last 2 years, £57,010 in last 3 years, £49,904 in last 4 years and £47,567 in last 5 years.
Currently average asking price of a property in Elms 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 Elms Road, Leicester, LE2 is £496,733. Average asking price is £232,679 while average price paid is £417,500 which is up by £30,778 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 Elms Road, Leicester, LE2 area. In last 1 year alone average price buyer paid is around £417,500 based on approximately 2 sales in Elms Road, Leicester, LE2 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £469,847. 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 £446,009 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £458,780 per sale.