Mays Farm Drive, Stoney Stanton, Leicester, LE9

Street Guide For Mays Farm Drive, Stoney Stanton, Leicester, LE9

 

Mays Farm Drive, Stoney Stanton, Leicester, LE9 Map

Estimated Price: £280,662
Average Asking Price: £223,617
Price change in last one year: £16,426
Average Price Paid: £209,309
Average Rent Rates: £716

 

Property Prices Breakdown in Mays Farm Drive, Stoney Stanton, Leicester, LE9

Average Price for property in Mays Farm Drive, Stoney Stanton, Leicester, LE9 is around £280,662 e.g. average price for detached house is around 280,662. Values have been changing and have risen £804 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,872 in last 6 months, £16,426 in last 1 year, £28,479 in last 2 years, £29,447 in last 3 years, £29,592 in last 4 years and £26,150 in last 5 years.

Currently average asking price of a property in Mays Farm Drive, Stoney Stanton, Leicester, LE9 is around £223,617 based on approximately 3 properties for sale. Same is the case with rental options based on 58 properties up for rent, average asking rent is around £716 per month.

Estimated property value in Mays Farm Drive, Stoney Stanton, Leicester, LE9 is £280,662. Average asking price is £223,617 while average price paid is £222,483 which is up by £16,426 and Avg. asking rent £716.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 Mays Farm Drive, Stoney Stanton, Leicester, LE9 area. In last 1 year alone average price buyer paid is around £222,483 based on approximately 3 sales in Mays Farm Drive, Stoney Stanton, Leicester, LE9 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £205,245. 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 £209,309 for 11 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £212,885 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 £85,975, £132,751 for a 2 bedroom house, £194,677 for a 3 bedroom house, £279,258 for a 4 bedroom house and £389,494 for a 5 bedroom house. For a flat similarly the prices varies from £81,411 for a single bedroom to £78,353 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £300,000. To sum up the asking prices for properties in Mays Farm Drive, Stoney Stanton, Leicester, LE9 it comes to around average £81,981 for 1 bedroom property, £126,893 for 2 bedroom, £195,403 for 3 bedroom, £279,258 for 4 bedroom and £389,494 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 £535 for 2 bedrooms, £642 for 3 bedrooms, £975 for 4 bedrooms and £997 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £435. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £457 and £793 for 3 bedroom. You should be generally be expecting around average £431 rent per month for single bedroom property, £512 for 2 bedroom, £649 for 3 bedroom, £975 for 4 bedroom and approximately £997 for a 5 bedroom property in Mays Farm Drive, Stoney Stanton, Leicester, LE9 area.

Popular Houses in Mays Farm Drive, Stoney Stanton, Leicester, LE9

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 Mays Farm Drive, Stoney Stanton, Leicester, LE9