Park Avenue, Markfield, LE67

Street Guide For Park Avenue, Markfield, LE67

 

Park Avenue, Markfield, LE67 Map

Estimated Price: £226,225
Average Asking Price: £221,988
Price change in last one year: £13,124
Average Price Paid: £170,000
Average Rent Rates: £3,884

 

Property Prices Breakdown in Park Avenue, Markfield, LE67

Average Price for property in Park Avenue, Markfield, LE67 is around £226,225 which varies based on type of property you are interested in and ranges from £217,180 for detached house to around £255,619 for semi-detached. Values have been changing and have risen £870 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,274 in last 6 months, £13,124 in last 1 year, £23,397 in last 2 years, £24,708 in last 3 years, £24,558 in last 4 years and £19,755 in last 5 years.

Currently average asking price of a property in Park Avenue, Markfield, LE67 is around £221,988 based on approximately 1 properties for sale. Same is the case with rental options based on 66 properties up for rent, average asking rent is around £3,884 per month.

Estimated property value in Park Avenue, Markfield, LE67 is £226,225. Average asking price is £221,988 while average price paid is £170,000 which is up by £13,124 and Avg. asking rent £3,884.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 Park Avenue, Markfield, LE67 area. In last 1 year alone average price buyer paid is around £170,000 based on approximately 1 sales in Park Avenue, Markfield, LE67 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £170,000. 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 £170,000 for 1 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £173,750 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 £119,975, £116,698 for a 2 bedroom house, £175,316 for a 3 bedroom house, £272,150 for a 4 bedroom house and £485,902 for a 5 bedroom house. For a flat similarly the prices varies from £69,184 for a 2 bedroom to £500,000 for a 5 bedroom Flat. To sum up the asking prices for properties in Park Avenue, Markfield, LE67 it comes to around average £119,975 for 1 bedroom property, £110,606 for 2 bedroom, £175,316 for 3 bedroom, £272,150 for 4 bedroom and £486,515 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 £497 for 2 bedroom to £626 for 3 bedroom and £933 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £390. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £403. You should be generally be expecting around average £390 rent per month for single bedroom property, £469 for 2 bedroom, £626 for 3 bedroom and approximately £933 for 4 bedroom property in Park Avenue, Markfield, LE67 area.

Popular Houses in Park Avenue, Markfield, LE67

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 Park Avenue, Markfield, LE67