Piers Road, Glenfield, Leicester, LE3

Street Guide For Piers Road, Glenfield, Leicester, LE3

 

Piers Road, Glenfield, Leicester, LE3 Map

Estimated Price: £183,832
Average Asking Price: £188,133
Price change in last one year: £11,037
Average Price Paid: £171,445
Average Rent Rates: £1,039

 

Property Prices Breakdown in Piers Road, Glenfield, Leicester, LE3

Average Price for property in Piers Road, Glenfield, Leicester, LE3 is around £183,832 which varies based on type of property you are interested in and ranges from £202,760 for detached house to around £157,017 for semi-detached. Values have been changing and have risen £211 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,576 in last 6 months, £11,037 in last 1 year, £16,977 in last 2 years, £20,331 in last 3 years, £18,094 in last 4 years and £17,413 in last 5 years.

Currently average asking price of a property in Piers Road, Glenfield, Leicester, LE3 is around £188,133 based on approximately 2 properties for sale. Same is the case with rental options based on 472 properties up for rent, average asking rent is around £1,039 per month.

Estimated property value in Piers Road, Glenfield, Leicester, LE3 is £183,832. Average asking price is £188,133 while average price paid is £177,500 which is up by £11,037 and Avg. asking rent £1,039.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 Piers Road, Glenfield, Leicester, LE3 area. In last 1 year alone average price buyer paid is around £177,500 based on approximately 2 sales in Piers Road, Glenfield, Leicester, LE3 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £153,500. 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 £171,445 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £166,241 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, £120,153 for a 2 bedroom house, £156,705 for a 3 bedroom house, £278,492 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 Piers Road, Glenfield, Leicester, LE3 it comes to around average £80,046 for 1 bedroom property, £114,820 for 2 bedroom, £156,705 for 3 bedroom, £278,492 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 £354 for 1 bedroom to £555 for 2 bedrooms, £760 for 3 bedrooms, £1,216 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 £396 rent per month for single bedroom property, £562 for 2 bedroom, £752 for 3 bedroom, £1,222 for 4 bedroom and approximately £1,247 for a 5 bedroom property in Piers Road, Glenfield, Leicester, LE3 area.

Popular Houses in Piers Road, Glenfield, 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 Piers Road, Glenfield, Leicester, LE3