Lee Street, Leicester, LE1

Street Guide For Lee Street, Leicester, LE1

 

Lee Street, Leicester, LE1 Map

Estimated Price: £87,252
Average Asking Price: £337,275
Price change in last one year: £4,616
Average Price Paid: £80,121
Average Rent Rates: £2,779

 

Property Prices Breakdown in Lee Street, Leicester, LE1

Average Price for property in Lee Street, Leicester, LE1 is around £87,252 e.g. average price for a flat is around 87,252. Values have been changing and have risen £297 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,617 in last 6 months, £4,616 in last 1 year, £8,677 in last 2 years, £9,088 in last 3 years, £8,948 in last 4 years and £7,211 in last 5 years.

Currently average asking price of a property in Lee Street, Leicester, LE1 is around £337,275 based on approximately 7 properties for sale. Same is the case with rental options based on 270 properties up for rent, average asking rent is around £2,779 per month.

Estimated property value in Lee Street, Leicester, LE1 is £87,252. Average asking price is £337,275 while average price paid is £80,100 which is up by £4,616 and Avg. asking rent £2,779.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 Lee Street, Leicester, LE1 area. In last 1 year alone average price buyer paid is around £80,100 based on approximately 7 sales in Lee Street, Leicester, LE1 area alone. If you compare it to last 3 years sales of 49 properties where buyers paid around £80,119. 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 £80,121 for 50 and average amount paid for purchase of approx. 50 properties sold in last 7 years comes to about £80,121 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 £301,238, £182,450 for a 3 bedroom house and £214,983 for a 4 bedroom house. For a flat similarly the prices varies from £85,358 for a single bedroom to £118,738 for a 2 bedroom Flat. To sum up the asking prices for properties in Lee Street, Leicester, LE1 it comes to around average £85,358 for 1 bedroom property, £132,777 for 2 bedroom, £182,450 for 3 bedroom and £214,983 for 4 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 can vary from £708 for 1 bedroom to £813 for 3 bedroom, £1,300 for 4 bedroom and £878 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £749, £1,029 for 3 bedroom, £1,509 for 4 bedroom and around £1,965 for 5 bedroom flat. You should be generally be expecting around average £519 rent per month for single bedroom property, £749 for 2 bedroom, £996 for 3 bedroom, £1,489 for 4 bedroom and approximately £1,482 for a 5 bedroom property in Lee Street, Leicester, LE1 area.

Popular Houses in Lee Street, Leicester, LE1

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.

Areas in and around Lee Street, Leicester, LE1