Newham Close, Leicester, LE4

Street Guide For Newham Close, Leicester, LE4

 
 

Newham Close, Leicester, LE4 Map

Estimated Price: £129,652
Average Asking Price: £190,987
Price change in last one year: £7,016
Average Price Paid: £106,212
Average Rent Rates: £1,336

Charles Derby Estates (Leicester)
212 Melton Road Leicester Leicestershire LE4 7P

Free House valuation

 

Property Prices Breakdown in Newham Close, Leicester, LE4

Average Price for property in Newham Close, Leicester, LE4 is around £129,652 which varies based on type of property you are interested in and ranges from £126,252 for detached house to around £132,961 for semi-detached. Similarly terraced house is around £128,606 and a flat is worth £98,086. Values have been changing and have risen £238 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,572 in last 6 months, £7,016 in last 1 year, £12,739 in last 2 years, £14,513 in last 3 years, £12,737 in last 4 years and £13,059 in last 5 years.

Currently average asking price of a property in Newham Close, Leicester, LE4 is around £190,987 based on approximately 1 properties for sale. Same is the case with rental options based on 124 properties up for rent, average asking rent is around £1,336 per month.

Estimated property value in Newham Close, Leicester, LE4 is £129,652. Average asking price is £190,987 while average price paid is £103,250 which is up by £7,016 and Avg. asking rent £1,336.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 Newham Close, Leicester, LE4 area. In last 1 year alone average price buyer paid is around £103,250 based on approximately 1 sales in Newham Close, Leicester, LE4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £105,350. 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 £106,212 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £104,670 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 £118,000, £135,164 for a 2 bedroom house, £163,311 for a 3 bedroom house, £261,788 for a 4 bedroom house and £258,917 for a 5 bedroom house. For a flat similarly the prices varies from £71,089 for a single bedroom to £97,526 for a 2 bedroom Flat. To sum up the asking prices for properties in Newham Close, Leicester, LE4 it comes to around average £88,148 for 1 bedroom property, £122,618 for 2 bedroom, £163,311 for 3 bedroom, £261,788 for 4 bedroom and £258,917 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 £531 for 2 bedrooms, £651 for 3 bedrooms, £716 for 4 bedrooms and £783 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £549. You should be generally be expecting around average £415 rent per month for single bedroom property, £539 for 2 bedroom, £651 for 3 bedroom, £716 for 4 bedroom and approximately £783 for a 5 bedroom property in Newham Close, Leicester, LE4 area.

Popular Houses in Newham Close, Leicester, LE4

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 Newham Close, Leicester, LE4