Values have been changing and have risen £567 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,579 in last 6 months, £7,587 in last 1 year, £13,225 in last 2 years, £14,056 in last 3 years, £12,309 in last 4 years and £11,739 in last 5 years.
Currently average asking price of a property in Grace Road, Leicester, LE2 is around £232,679 based on approximately 1 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 Grace Road, Leicester, LE2 is £129,678. Average asking price is £232,679 while average price paid is £69,000 which is up by £7,587 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 Grace Road, Leicester, LE2 area. In last 1 year alone average price buyer paid is around £69,000 based on approximately 1 sales in Grace Road, Leicester, LE2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £69,333. 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 £97,991 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £99,431 per sale.