Values have been changing and have risen £223 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,470 in last 6 months, £6,560 in last 1 year, £11,910 in last 2 years, £13,570 in last 3 years, £11,910 in last 4 years and £12,210 in last 5 years.
Currently average asking price of a property in Norwich Road, Leicester, LE4 is around £190,987 based on approximately 5 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 Norwich Road, Leicester, LE4 is £130,891. Average asking price is £190,987 while average price paid is £99,200 which is up by £6,560 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 Norwich Road, Leicester, LE4 area. In last 1 year alone average price buyer paid is around £99,200 based on approximately 5 sales in Norwich Road, Leicester, LE4 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £102,875. 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 £100,750 for 12 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £102,420 per sale.