Average Price for property in Leicester is around £188,397 which varies based on type of property you are interested in and ranges from £295,087 for detached house to around £166,980 for semi-detached. Similarly terraced house is around £130,408 and a flat is worth £120,110. Values have been changing and have risen £1,275 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,468 in last 6 months, £12,198 in last 1 year, £20,557 in last 2 years, £24,001 in last 3 years, £21,097 in last 4 years and £22,575 in last 5 years.
Currently average asking price of a property in Leicester is around £228,767 based on approximately 6,569 properties for sale. Same is the case with rental options based on 1,793 properties up for rent, average asking rent is around £1,215 per month.
Estimated property value in Leicester is £188,397. Average asking price is £228,767 while average price paid is £179,527 which is up by £12,198 and Avg. asking rent £1,215.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 Leicester area. In last 1 year alone average price buyer paid is around £179,527 based on approximately 6,569 sales in Leicester area alone. If you compare it to last 3 years sales of 18,346 properties where buyers paid around £172,271. 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 £170,142 for 29,795 and average amount paid for purchase of approx. 40,385 properties sold in last 7 years comes to about £168,018 per sale.