Park Hill, Gaddesby, Leicester, LE7

Street Guide For Park Hill, Gaddesby, Leicester, LE7

 

Park Hill, Gaddesby, Leicester, LE7 Map

Estimated Price: £461,942
Average Asking Price: £315,105
Price change in last one year: £29,941
Average Price Paid: £271,500
Average Rent Rates: £718

 

Property Prices Breakdown in Park Hill, Gaddesby, Leicester, LE7

Average Price for property in Park Hill, Gaddesby, Leicester, LE7 is around £461,942 e.g. average price for detached house is around 461,942. Values have been changing and have risen £2,393 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,746 in last 6 months, £29,941 in last 1 year, £47,104 in last 2 years, £57,365 in last 3 years, £50,712 in last 4 years and £45,544 in last 5 years.

Currently average asking price of a property in Park Hill, Gaddesby, Leicester, LE7 is around £315,105 based on approximately 1 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 Park Hill, Gaddesby, Leicester, LE7 is £461,942. Average asking price is £315,105 while average price paid is £305,000 which is up by £29,941 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 Park Hill, Gaddesby, Leicester, LE7 area. In last 1 year alone average price buyer paid is around £305,000 based on approximately 1 sales in Park Hill, Gaddesby, Leicester, LE7 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £244,166. 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 £271,500 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £259,642 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, £182,029 for a 2 bedroom house, £228,185 for a 3 bedroom house, £351,907 for a 4 bedroom house and £498,473 for a 5 bedroom house. For a flat similarly the prices varies from £55,000 for a single bedroom to £125,722 for a 2 bedroom Flat. Same is the case with 4 bedroom flat £259,950. To sum up the asking prices for properties in Park Hill, Gaddesby, Leicester, LE7 it comes to around average £106,650 for 1 bedroom property, £166,779 for 2 bedroom, £228,185 for 3 bedroom, £350,758 for 4 bedroom and £498,473 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 Park Hill, Gaddesby, Leicester, LE7 area.

Popular Houses in Park Hill, Gaddesby, 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 Park Hill, Gaddesby, Leicester, LE7