Park View, Western Park, Leicester, LE3

Street Guide For Park View, Western Park, Leicester, LE3

 

Park View, Western Park, Leicester, LE3 Map

Estimated Price: £210,231
Average Asking Price: £188,280
Price change in last one year: £12,665
Average Price Paid: £177,400
Average Rent Rates: £1,035

 

Property Prices Breakdown in Park View, Western Park, Leicester, LE3

Average Price for property in Park View, Western Park, Leicester, LE3 is around £210,231 which varies based on type of property you are interested in and ranges from £210,349 for detached house to around £207,970 for semi-detached. Values have been changing and have risen £243 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,956 in last 6 months, £12,665 in last 1 year, £19,484 in last 2 years, £23,335 in last 3 years, £20,768 in last 4 years and £19,988 in last 5 years.

Currently average asking price of a property in Park View, Western Park, Leicester, LE3 is around £188,280 based on approximately 1 properties for sale. Same is the case with rental options based on 470 properties up for rent, average asking rent is around £1,035 per month.

Estimated property value in Park View, Western Park, Leicester, LE3 is £210,231. Average asking price is £188,280 while average price paid is £165,000 which is up by £12,665 and Avg. asking rent £1,035.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 View, Western Park, Leicester, LE3 area. In last 1 year alone average price buyer paid is around £165,000 based on approximately 1 sales in Park View, Western Park, Leicester, LE3 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £197,500. 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 £177,400 for 5 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £170,775 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 £100,000, £120,428 for a 2 bedroom house, £157,120 for a 3 bedroom house, £277,002 for a 4 bedroom house and £324,492 for a 5 bedroom house. For a flat similarly the prices varies from £77,652 for a single bedroom to £97,536 for a 2 bedroom Flat. To sum up the asking prices for properties in Park View, Western Park, Leicester, LE3 it comes to around average £80,046 for 1 bedroom property, £114,942 for 2 bedroom, £157,120 for 3 bedroom, £277,002 for 4 bedroom and £324,492 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 £357 for 1 bedroom to £556 for 2 bedrooms, £753 for 3 bedrooms, £1,212 for 4 bedrooms and £1,243 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 £587, £605 for 3 bedroom, £1,548 for 4 bedroom and around £1,326 for 5 bedroom flat. You should be generally be expecting around average £397 rent per month for single bedroom property, £563 for 2 bedroom, £746 for 3 bedroom, £1,219 for 4 bedroom and approximately £1,247 for a 5 bedroom property in Park View, Western Park, Leicester, LE3 area.

Popular Houses in Park View, Western Park, Leicester, LE3

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 View, Western Park, Leicester, LE3