Average Price for property in Lorne Road, Leicester, LE2 is around £212,614 which varies based on type of property you are interested in and ranges from £315,339 for detached house to around £244,278 for semi-detached. Similarly terraced house is around £204,471. Values have been changing and have risen £962 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,374 in last 6 months, £12,864 in last 1 year, £22,425 in last 2 years, £23,831 in last 3 years, £20,865 in last 4 years and £19,893 in last 5 years.
Currently average asking price of a property in Lorne Road, Leicester, LE2 is around £232,679 based on approximately 8 properties for sale. Same is the case with rental options based on 710 properties up for rent, average asking rent is around £823 per month.
Estimated property value in Lorne Road, Leicester, LE2 is £212,614. Average asking price is £232,679 while average price paid is £191,187 which is up by £12,864 and Avg. asking rent £823.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 Lorne Road, Leicester, LE2 area. In last 1 year alone average price buyer paid is around £191,187 based on approximately 8 sales in Lorne Road, Leicester, LE2 area alone. If you compare it to last 3 years sales of 17 properties where buyers paid around £190,617. 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 £187,900 for 25 and average amount paid for purchase of approx. 35 properties sold in last 7 years comes to about £185,592 per sale.