Average Price for property in Mill Lane, Smeeton Westerby, Leicester, LE8 is around £672,998 e.g. average price for detached house is around 672,998. Values have been changing and have risen £4,288 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,184 in last 6 months, £42,480 in last 1 year, £70,677 in last 2 years, £76,179 in last 3 years, £65,272 in last 4 years and £63,296 in last 5 years.
Currently average asking price of a property in Mill Lane, Smeeton Westerby, Leicester, LE8 is around £254,620 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,818 per month.
Estimated property value in Mill Lane, Smeeton Westerby, Leicester, LE8 is £672,998. Average asking price is £254,620 while average price paid is £575,000 which is up by £42,480 and Avg. asking rent £1,818.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, Smeeton Westerby, Leicester, LE8 area. In last 1 year alone average price buyer paid is around £575,000 based on approximately 1 sales in Mill Lane, Smeeton Westerby, Leicester, LE8 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £745,000. 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 £610,000 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £674,000 per sale.