LA7

Real Estate Area Guide For LA7

 

LA7 Map

Estimated Price: £282,179
Average Asking Price: £318,709
Price change in last one year: £13,536
Average Price Paid: £241,450
Average Rent Rates: £3,367

 

Property Prices Breakdown in LA7

Average Price for property in LA7 is around £282,179 which varies based on type of property you are interested in and ranges from £376,697 for detached house to around £229,059 for semi-detached. Similarly terraced house is around £181,425 and a flat is worth £163,169. Values have been changing and have risen £780 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,048 in last 6 months, £13,536 in last 1 year, £25,026 in last 2 years, £26,753 in last 3 years, £26,284 in last 4 years and £14,138 in last 5 years.

Currently average asking price of a property in LA7 is around £318,709 based on approximately 57 properties for sale. Same is the case with rental options based on 2 properties up for rent, average asking rent is around £3,367 per month.

Estimated property value in LA7 is £282,179. Average asking price is £318,709 while average price paid is £226,393 which is up by £13,536 and Avg. asking rent £3,367.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 LA7 area. In last 1 year alone average price buyer paid is around £226,393 based on approximately 57 sales in LA7 area alone. If you compare it to last 3 years sales of 161 properties where buyers paid around £237,693. 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 £241,450 for 267 and average amount paid for purchase of approx. 366 properties sold in last 7 years comes to about £247,675 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £178,250, £280,824 for a 3 bedroom house, £381,163 for a 4 bedroom house and £588,333 for a 5 bedroom house. For a flat similarly the prices varies from £133,390 for a 2 bedroom to £280,000 for a 3 bedroom Flat. To sum up the asking prices for properties in LA7 it comes to around average £157,859 for 2 bedroom property, £280,778 for 3 bedroom, £381,163 for 4 bedroom and £588,333 for 5 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it is £620 for 3 bedroom. You should be generally be expecting around average £620 rent per month for 3 bedroom property in LA7 area.

Popular Houses in LA7

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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