Leyburn

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Area Guide For Leyburn

Leyburn is a business town and common ward in the locale of Richmondshire, North Yorkshire, England sitting over the northern bank of the River Ure in Wensleydale. Verifiably in the North Riding of Yorkshire, the name was gotten from "Ley" or "Le" (clearing), and "blaze" (stream), significance clearing by the stream. The town gloats two businesses, a few pubs, two manages an account with money machines, and numerous little claim to fame stores. Market day is Friday. It is served by neighborhood transports that associate with Richmond, Hawes, Bedale and Northallerton. The neighborhood Rotary Club supports the yearly Wensleydale Wander in March or April, sorted out strolls of 12 miles and 22 miles .

 
 

Leyburn Map

Estimated Price: £278,949
Average Asking Price: £279,654
Price change in last one year: £13,577
Average Price Paid: £252,646
Average Rent Rates: £564

 
 

Property Prices Breakdown in Leyburn

Average Price for property in Leyburn is around £278,949 which varies based on type of property you are interested in and ranges from £325,335 for detached house to around £218,764 for semi-detached. Similarly terraced house is around £209,162 and a flat is worth £149,058. Values have been changing and have risen £844 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,086 in last 6 months, £13,577 in last 1 year, £22,463 in last 2 years, £20,471 in last 3 years, £8,934 in last 4 years and £9,660 in last 5 years.

Currently average asking price of a property in Leyburn is around £279,654 based on approximately 115 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £564 per month.

Estimated property value in Leyburn is £278,949. Average asking price is £279,654 while average price paid is £247,774 which is up by £13,577 and Avg. asking rent £564.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 Leyburn area. In last 1 year alone average price buyer paid is around £247,774 based on approximately 115 sales in Leyburn area alone. If you compare it to last 3 years sales of 332 properties where buyers paid around £247,341. 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 £252,646 for 527 and average amount paid for purchase of approx. 699 properties sold in last 7 years comes to about £253,787 per sale.

 
 

Properties For Sale in Leyburn

 
 

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 £119,975, £181,628 for a 2 bedroom house, £285,050 for a 3 bedroom house, £353,732 for a 4 bedroom house and £486,928 for a 5 bedroom house. For a flat similarly the prices varies from £110,000 for a single bedroom to £179,950 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £250,000. To sum up the asking prices for properties in Leyburn it comes to around average £116,650 for 1 bedroom property, £181,482 for 2 bedroom, £282,859 for 3 bedroom, £353,732 for 4 bedroom and £486,928 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 £464 for 2 bedroom to £611 for 3 bedroom and £1,001 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £419. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £576. You should be generally be expecting around average £419 rent per month for single bedroom property, £501 for 2 bedroom, £611 for 3 bedroom and approximately £1,001 for 4 bedroom property in Leyburn area.

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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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