Average Price for property in L38 is around £278,381 which varies based on type of property you are interested in and ranges from £318,123 for detached house to around £219,909 for semi-detached. Similarly terraced house is around £207,853 and a flat is worth £151,253. Values have been changing and have risen £2,815 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,200 in last 6 months, £17,953 in last 1 year, £31,895 in last 2 years, £25,818 in last 3 years, £19,000 in last 4 years and £17,495 in last 5 years.
Currently average asking price of a property in L38 is around £331,925 based on approximately 26 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £1,439 per month.
Estimated property value in L38 is £278,381. Average asking price is £331,925 while average price paid is £248,307 which is up by £17,953 and Avg. asking rent £1,439.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 L38 area. In last 1 year alone average price buyer paid is around £248,307 based on approximately 26 sales in L38 area alone. If you compare it to last 3 years sales of 79 properties where buyers paid around £237,810. 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 £229,498 for 129 and average amount paid for purchase of approx. 165 properties sold in last 7 years comes to about £228,099 per sale.