Average Price for property in Lorrimer Road, Leicester, LE2 is around £98,117 e.g. average price for terraced house is around 98,117. Values have been changing and have risen £468 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,130 in last 6 months, £6,262 in last 1 year, £10,915 in last 2 years, £11,603 in last 3 years, £10,162 in last 4 years and £9,692 in last 5 years.
Currently average asking price of a property in Lorrimer Road, Leicester, LE2 is around £232,679 based on approximately 2 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 Lorrimer Road, Leicester, LE2 is £98,117. Average asking price is £232,679 while average price paid is £79,750 which is up by £6,262 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 Lorrimer Road, Leicester, LE2 area. In last 1 year alone average price buyer paid is around £79,750 based on approximately 2 sales in Lorrimer Road, Leicester, LE2 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £83,400. 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 £83,400 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £84,571 per sale.