Lema Close, Leicester, LE4

Street Guide For Lema Close, Leicester, LE4

 
 

Lema Close, Leicester, LE4 Map

Estimated Price: £145,391
Average Asking Price: £190,987
Price change in last one year: £7,682
Average Price Paid: £119,687
Average Rent Rates: £1,336

Charles Derby Estates (Leicester)
212 Melton Road Leicester Leicestershire LE4 7P

Free House valuation

 

Property Prices Breakdown in Lema Close, Leicester, LE4

Values have been changing and have risen £261 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,721 in last 6 months, £7,682 in last 1 year, £13,946 in last 2 years, £15,885 in last 3 years, £13,940 in last 4 years and £14,292 in last 5 years.

Currently average asking price of a property in Lema Close, Leicester, LE4 is around £190,987 based on approximately 0 properties for sale. Same is the case with rental options based on 124 properties up for rent, average asking rent is around £1,336 per month.

Estimated property value in Lema Close, Leicester, LE4 is £145,391. Average asking price is £190,987 while average price paid is £131,166 which is up by £15,885 and Avg. asking rent £1,336.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 Lema Close, Leicester, LE4 area. In last 3 years alone average price buyer paid is around £131,166 based on approximately 3 sales in Lema Close, Leicester, LE4 area alone. If you compare it to last 5 years sales of 4 properties where buyers paid around £119,687. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £108,550 for 5 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 1 bedroom is around £118,000, £135,164 for a 2 bedroom house, £163,311 for a 3 bedroom house, £261,788 for a 4 bedroom house and £258,917 for a 5 bedroom house. For a flat similarly the prices varies from £71,089 for a single bedroom to £97,526 for a 2 bedroom Flat. To sum up the asking prices for properties in Lema Close, Leicester, LE4 it comes to around average £88,148 for 1 bedroom property, £122,618 for 2 bedroom, £163,311 for 3 bedroom, £261,788 for 4 bedroom and £258,917 for a 5 bedroom property.

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 £399 for 1 bedroom to £531 for 2 bedrooms, £651 for 3 bedrooms, £716 for 4 bedrooms and £783 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £549. You should be generally be expecting around average £415 rent per month for single bedroom property, £539 for 2 bedroom, £651 for 3 bedroom, £716 for 4 bedroom and approximately £783 for a 5 bedroom property in Lema Close, Leicester, LE4 area.

Popular Houses in Lema Close, Leicester, LE4

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 Lema Close, Leicester, LE4