Orchard Way, Syston, Leicester, LE7

Street Guide For Orchard Way, Syston, Leicester, LE7

 

Orchard Way, Syston, Leicester, LE7 Map

Estimated Price: £225,361
Average Asking Price: £315,105
Price change in last one year: £14,150
Average Price Paid: £163,459
Average Rent Rates: £718

 

Property Prices Breakdown in Orchard Way, Syston, Leicester, LE7

Average Price for property in Orchard Way, Syston, Leicester, LE7 is around £225,361 which varies based on type of property you are interested in and ranges from £257,544 for detached house to around £205,799 for semi-detached. Similarly terraced house is around £148,373. Values have been changing and have risen £1,131 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,606 in last 6 months, £14,150 in last 1 year, £22,261 in last 2 years, £27,114 in last 3 years, £23,975 in last 4 years and £21,536 in last 5 years.

Currently average asking price of a property in Orchard Way, Syston, Leicester, LE7 is around £315,105 based on approximately 2 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 Orchard Way, Syston, Leicester, LE7 is £225,361. Average asking price is £315,105 while average price paid is £173,000 which is up by £14,150 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 Orchard Way, Syston, Leicester, LE7 area. In last 1 year alone average price buyer paid is around £173,000 based on approximately 2 sales in Orchard Way, Syston, Leicester, LE7 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £151,749. 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 £163,459 for 7 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £163,459 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 £116,980, £181,029 for a 2 bedroom house, £227,468 for a 3 bedroom house, £365,007 for a 4 bedroom house and £504,183 for a 5 bedroom house. For a flat similarly the prices varies from £55,000 for a single bedroom to £124,381 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £259,950. To sum up the asking prices for properties in Orchard Way, Syston, Leicester, LE7 it comes to around average £106,650 for 1 bedroom property, £164,844 for 2 bedroom, £227,468 for 3 bedroom, £363,726 for 4 bedroom and £504,183 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 £417 for 1 bedroom to £599 for 2 bedroom, £930 for 3 bedroom and £999 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £537. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £699. You should be generally be expecting around average £465 rent per month for single bedroom property, £630 for 2 bedroom, £930 for 3 bedroom and approximately £999 for 4 bedroom property in Orchard Way, Syston, Leicester, LE7 area.

Popular Houses in Orchard Way, Syston, Leicester, LE7

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 Orchard Way, Syston, Leicester, LE7