Average Price for property in Grove Road, Leicester, LE5 is around £112,002 e.g. average price for terraced house is around 112,002. Values have been changing and have risen £435 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,199 in last 6 months, £6,578 in last 1 year, £10,538 in last 2 years, £11,731 in last 3 years, £11,817 in last 4 years and £10,152 in last 5 years.
Currently average asking price of a property in Grove Road, Leicester, LE5 is around £204,674 based on approximately 1 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 Grove Road, Leicester, LE5 is £112,002. Average asking price is £204,674 while average price paid is £122,000 which is up by £6,578 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 Grove Road, Leicester, LE5 area. In last 1 year alone average price buyer paid is around £122,000 based on approximately 1 sales in Grove Road, Leicester, LE5 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £110,300. 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 £100,666 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £101,272 per sale.