Average Price for property in Gervas Road, Leicester, LE5 is around £123,229 e.g. average price for semi-detached is around 123,229. Values have been changing and have risen £504 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,545 in last 6 months, £7,614 in last 1 year, £12,198 in last 2 years, £13,579 in last 3 years, £13,678 in last 4 years and £11,750 in last 5 years.
Currently average asking price of a property in Gervas Road, Leicester, LE5 is around £204,674 based on approximately 2 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £768 per month.
Estimated property value in Gervas Road, Leicester, LE5 is £123,229. Average asking price is £204,674 while average price paid is £151,996 which is up by £7,614 and Avg. asking rent £768.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 Gervas Road, Leicester, LE5 area. In last 1 year alone average price buyer paid is around £151,996 based on approximately 2 sales in Gervas Road, Leicester, LE5 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £131,498. 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 £129,198 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £124,713 per sale.