Mill Lane, Shearsby, Lutterworth, LE17

Street Guide For Mill Lane, Shearsby, Lutterworth, LE17

 

Mill Lane, Shearsby, Lutterworth, LE17 Map

Estimated Price: £281,711
Average Asking Price: £329,006
Price change in last one year: £15,458
Average Price Paid: £176,199
Average Rent Rates: £926

 

Property Prices Breakdown in Mill Lane, Shearsby, Lutterworth, LE17

Average Price for property in Mill Lane, Shearsby, Lutterworth, LE17 is around £281,711 which varies based on type of property you are interested in and ranges from £403,925 for detached house to around £159,497 for terraced house. Values have been changing and have risen £896 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,742 in last 6 months, £15,458 in last 1 year, £29,898 in last 2 years, £31,620 in last 3 years, £31,333 in last 4 years and £30,948 in last 5 years.

Currently average asking price of a property in Mill Lane, Shearsby, Lutterworth, LE17 is around £329,006 based on approximately 2 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £926 per month.

Estimated property value in Mill Lane, Shearsby, Lutterworth, LE17 is £281,711. Average asking price is £329,006 while average price paid is £229,997 which is up by £15,458 and Avg. asking rent £926.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 Mill Lane, Shearsby, Lutterworth, LE17 area. In last 1 year alone average price buyer paid is around £229,997 based on approximately 2 sales in Mill Lane, Shearsby, Lutterworth, LE17 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £182,748. 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 £176,199 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £208,832 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 £170,000, £192,691 for a 2 bedroom house, £218,436 for a 3 bedroom house, £363,493 for a 4 bedroom house and £561,177 for a 5 bedroom house. For a flat similarly the prices varies from £110,000 for a single bedroom to £114,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Mill Lane, Shearsby, Lutterworth, LE17 it comes to around average £130,000 for 1 bedroom property, £176,953 for 2 bedroom, £218,436 for 3 bedroom, £363,493 for 4 bedroom and £561,177 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 £451 for 1 bedroom to £649 for 2 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property and approximately £649 for 2 bedroom property in Mill Lane, Shearsby, Lutterworth, LE17 area.

Popular Houses in Mill Lane, Shearsby, Lutterworth, LE17

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 Mill Lane, Shearsby, Lutterworth, LE17