LD8

Real Estate Area Guide For LD8

 

LD8 Map

Estimated Price: £249,825
Average Asking Price: £311,115
Price change in last one year: £17,862
Average Price Paid: £220,127
Average Rent Rates: £585

 

Property Prices Breakdown in LD8

Average Price for property in LD8 is around £249,825 which varies based on type of property you are interested in and ranges from £287,283 for detached house to around £182,873 for semi-detached. Similarly terraced house is around £155,707 and a flat is worth £163,429. Values have been changing and have risen £796 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,946 in last 6 months, £17,862 in last 1 year, £28,711 in last 2 years, £15,366 in last 3 years, £3,301 in last 4 years and £14,379 in last 5 years.

Currently average asking price of a property in LD8 is around £311,115 based on approximately 47 properties for sale. Same is the case with rental options based on 5 properties up for rent, average asking rent is around £585 per month.

Estimated property value in LD8 is £249,825. Average asking price is £311,115 while average price paid is £254,148 which is up by £17,862 and Avg. asking rent £585.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 LD8 area. In last 1 year alone average price buyer paid is around £254,148 based on approximately 47 sales in LD8 area alone. If you compare it to last 3 years sales of 150 properties where buyers paid around £221,861. 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 £220,127 for 224 and average amount paid for purchase of approx. 298 properties sold in last 7 years comes to about £214,633 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 £166,686, £254,059 for a 3 bedroom house, £362,630 for a 4 bedroom house and £430,000 for a 5 bedroom house. To sum up the asking prices for properties in LD8 it comes to around average £166,686 for 2 bedroom property, £254,059 for 3 bedroom, £362,630 for 4 bedroom and £430,000 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 £425 for 1 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £347. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £347. You should be generally be expecting around average £386 rent per month for single bedroom property and approximately £347 for 2 bedroom property in LD8 area.

Popular Houses in LD8

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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