Lechlade

Area Guide For Lechlade

Lechlade,or Lechlade-on-Thames, is a town at the southern edge of the Cotswolds in Gloucestershire, England. It is the highest point at which the River Thames is navigable. The town is named after the River Leach that joins the Thames near here. The town is a popular venue for tourism and river-based activities. There are several pubs, some antique shops, a convenience store, food outlets, a garden centre and a Christmas shop. Near the 15th century Church of England parish church of Saint Lawrence, in the centre of the town, there is a large open space which is now a car park. The main roads through the town are busy, as the town is at the crossroads of the A417 and A361. Where the A361 enters the town from the south it crosses the River Thames on Halfpenny Bridge. Another tributary of the Thames, the River Coln, joins the Thames at the Inglesham Round House. Lechlade is the highest town to which the River Thames is navigable by relatively large craft including narrowboats. It is possible to travel by river or on foot from here to London. The Halfpenny bridge is therefore the usual start for a water based Thames meander the term for a long distance journey down the Thames. The

 
 

Lechlade Map

Estimated Price: £477,283
Average Asking Price: £677,767
Price change in last one year: £39,480
Average Price Paid: £361,348
Average Rent Rates: £1,337

 
 

Property Prices Breakdown in Lechlade

Average Price for property in Lechlade is around £477,283 which varies based on type of property you are interested in and ranges from £602,046 for detached house to around £322,109 for semi-detached. Similarly terraced house is around £265,750 and a flat is worth £190,873. Values have been changing and have risen £7,716 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,392 in last 6 months, £39,480 in last 1 year, £60,114 in last 2 years, £74,003 in last 3 years, £65,017 in last 4 years and £84,377 in last 5 years.

Currently average asking price of a property in Lechlade is around £677,767 based on approximately 61 properties for sale. Same is the case with rental options based on 4 properties up for rent, average asking rent is around £1,337 per month.

Estimated property value in Lechlade is £477,283. Average asking price is £677,767 while average price paid is £331,724 which is up by £39,480 and Avg. asking rent £1,337.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 Lechlade area. In last 1 year alone average price buyer paid is around £331,724 based on approximately 61 sales in Lechlade area alone. If you compare it to last 3 years sales of 185 properties where buyers paid around £361,669. 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 £361,348 for 290 and average amount paid for purchase of approx. 361 properties sold in last 7 years comes to about £357,940 per sale.

 
 

Properties For Sale in Lechlade

 
 

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 £139,950, £245,499 for a 2 bedroom house, £404,999 for a 3 bedroom house, £709,000 for a 4 bedroom house and £1,437,500 for a 5 bedroom house. For a flat the prices of 2 bedroom is £140,000. To sum up the asking prices for properties in Lechlade it comes to around average £139,950 for 1 bedroom property, £224,399 for 2 bedroom, £404,999 for 3 bedroom, £709,000 for 4 bedroom and £1,437,500 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 £849 for 2 bedroom to £849 for 3 bedroom and £3,250 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £399. You should be generally be expecting around average £399 rent per month for single bedroom property, £849 for 2 bedroom, £849 for 3 bedroom and approximately £3,250 for 4 bedroom property in Lechlade area.

Popular Houses in Lechlade

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.

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