Meadow Lane, Markfield, LE67

Street Guide For Meadow Lane, Markfield, LE67

 

Meadow Lane, Markfield, LE67 Map

Estimated Price: £132,567
Average Asking Price: £222,524
Price change in last one year: £8,105
Average Price Paid: £120,362
Average Rent Rates: £3,827

 

Property Prices Breakdown in Meadow Lane, Markfield, LE67

Average Price for property in Meadow Lane, Markfield, LE67 is around £132,567 which varies based on type of property you are interested in and ranges from £117,448 for detached house to around £153,006 for semi-detached. Similarly terraced house is around £127,884. Values have been changing and have risen £537 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,640 in last 6 months, £8,105 in last 1 year, £14,451 in last 2 years, £15,264 in last 3 years, £15,172 in last 4 years and £12,207 in last 5 years.

Currently average asking price of a property in Meadow Lane, Markfield, LE67 is around £222,524 based on approximately 2 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £3,827 per month.

Estimated property value in Meadow Lane, Markfield, LE67 is £132,567. Average asking price is £222,524 while average price paid is £110,000 which is up by £8,105 and Avg. asking rent £3,827.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 Meadow Lane, Markfield, LE67 area. In last 1 year alone average price buyer paid is around £110,000 based on approximately 2 sales in Meadow Lane, Markfield, LE67 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £120,362. 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 £120,362 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £118,421 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 £119,975, £116,698 for a 2 bedroom house, £175,316 for a 3 bedroom house, £272,150 for a 4 bedroom house and £485,902 for a 5 bedroom house. For a flat similarly the prices varies from £69,184 for a 2 bedroom to £500,000 for a 5 bedroom Flat. To sum up the asking prices for properties in Meadow Lane, Markfield, LE67 it comes to around average £119,975 for 1 bedroom property, £110,606 for 2 bedroom, £175,316 for 3 bedroom, £272,150 for 4 bedroom and £486,515 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 £497 for 2 bedroom to £626 for 3 bedroom and £933 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £390. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £403. You should be generally be expecting around average £390 rent per month for single bedroom property, £469 for 2 bedroom, £626 for 3 bedroom and approximately £933 for 4 bedroom property in Meadow Lane, Markfield, LE67 area.

Popular Houses in Meadow Lane, Markfield, LE67

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 Meadow Lane, Markfield, LE67