Values have been changing and have risen £132 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £761 in last 6 months, £6,590 in last 1 year, £11,753 in last 2 years, £13,490 in last 3 years, £11,505 in last 4 years and £9,914 in last 5 years.
Currently average asking price of a property in Hermitage Road, Loughborough, LE11 is around £182,065 based on approximately 6 properties for sale. Same is the case with rental options based on 90 properties up for rent, average asking rent is around £1,007 per month.
Estimated property value in Hermitage Road, Loughborough, LE11 is £128,656. Average asking price is £182,065 while average price paid is £117,641 which is up by £6,590 and Avg. asking rent £1,007.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 Hermitage Road, Loughborough, LE11 area. In last 1 year alone average price buyer paid is around £117,641 based on approximately 6 sales in Hermitage Road, Loughborough, LE11 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £115,981. 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 £111,756 for 15 and average amount paid for purchase of approx. 22 properties sold in last 7 years comes to about £114,170 per sale.