Queensway, Old Dalby, Melton Mowbray, LE14

Street Guide For Queensway, Old Dalby, Melton Mowbray, LE14

 

Queensway, Old Dalby, Melton Mowbray, LE14 Map

Estimated Price: £154,467
Average Asking Price: £496,502
Price change in last one year: £10,493
Average Price Paid: £137,423
Average Rent Rates: £3,596

 

Property Prices Breakdown in Queensway, Old Dalby, Melton Mowbray, LE14

Average Price for property in Queensway, Old Dalby, Melton Mowbray, LE14 is around £154,467 which varies based on type of property you are interested in and ranges from £138,023 for detached house to around £156,396 for semi-detached. Similarly terraced house is around £155,684 and a flat is worth £92,547. Values have been changing and have risen £1,149 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,195 in last 6 months, £10,493 in last 1 year, £14,475 in last 2 years, £17,547 in last 3 years, £16,664 in last 4 years and £14,866 in last 5 years.

Currently average asking price of a property in Queensway, Old Dalby, Melton Mowbray, LE14 is around £496,502 based on approximately 2 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £3,596 per month.

Estimated property value in Queensway, Old Dalby, Melton Mowbray, LE14 is £154,467. Average asking price is £496,502 while average price paid is £163,500 which is up by £10,493 and Avg. asking rent £3,596.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 Queensway, Old Dalby, Melton Mowbray, LE14 area. In last 1 year alone average price buyer paid is around £163,500 based on approximately 2 sales in Queensway, Old Dalby, Melton Mowbray, LE14 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £129,611. 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 £137,423 for 13 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £137,100 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 £180,000, £143,582 for a 2 bedroom house, £259,079 for a 3 bedroom house, £422,690 for a 4 bedroom house and £562,245 for a 5 bedroom house. For a flat the prices of 2 bedroom is £109,975. To sum up the asking prices for properties in Queensway, Old Dalby, Melton Mowbray, LE14 it comes to around average £180,000 for 1 bedroom property, £140,527 for 2 bedroom, £259,079 for 3 bedroom, £422,690 for 4 bedroom and £562,245 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 £505 for 1 bedroom to £545 for 2 bedrooms, £681 for 3 bedrooms, £949 for 4 bedrooms and £1,735 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £573. You should be generally be expecting around average £539 rent per month for single bedroom property, £544 for 2 bedroom, £681 for 3 bedroom, £949 for 4 bedroom and approximately £1,735 for a 5 bedroom property in Queensway, Old Dalby, Melton Mowbray, LE14 area.

Popular Houses in Queensway, Old Dalby, Melton Mowbray, LE14

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 Queensway, Old Dalby, Melton Mowbray, LE14