Average Price for property in Mere Lane, Queniborough, Leicester, LE7 is around £277,188 which varies based on type of property you are interested in and ranges from £373,576 for detached house to around £216,293 for semi-detached. Similarly terraced house is around £187,153. Values have been changing and have risen £1,423 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,795 in last 6 months, £17,801 in last 1 year, £28,006 in last 2 years, £34,109 in last 3 years, £30,157 in last 4 years and £27,089 in last 5 years.
Currently average asking price of a property in Mere Lane, Queniborough, Leicester, LE7 is around £315,105 based on approximately 0 properties for sale. Same is the case with rental options based on 36 properties up for rent, average asking rent is around £718 per month.
Estimated property value in Mere Lane, Queniborough, Leicester, LE7 is £277,188. Average asking price is £315,105 while average price paid is £429,500 which is up by £34,109 and Avg. asking rent £718.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 Mere Lane, Queniborough, Leicester, LE7 area. In last 3 years alone average price buyer paid is around £429,500 based on approximately 2 sales in Mere Lane, Queniborough, Leicester, LE7 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £429,500. 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 £295,250 for 4 per sale.