Rectory Road, Markfield, LE67

Street Guide For Rectory Road, Markfield, LE67

 

Rectory Road, Markfield, LE67 Map

Estimated Price: £163,540
Average Asking Price: £222,524
Price change in last one year: £9,357
Average Price Paid: £134,830
Average Rent Rates: £3,827

 

Property Prices Breakdown in Rectory Road, Markfield, LE67

Average Price for property in Rectory Road, Markfield, LE67 is around £163,540 which varies based on type of property you are interested in and ranges from £193,204 for detached house to around £166,935 for semi-detached. Similarly terraced house is around £124,531. Values have been changing and have risen £619 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,047 in last 6 months, £9,357 in last 1 year, £16,682 in last 2 years, £17,617 in last 3 years, £17,513 in last 4 years and £14,093 in last 5 years.

Currently average asking price of a property in Rectory Road, Markfield, LE67 is around £222,524 based on approximately 4 properties for sale. Same is the case with rental options based on 67 properties up for rent, average asking rent is around £3,827 per month.

Estimated property value in Rectory Road, Markfield, LE67 is £163,540. Average asking price is £222,524 while average price paid is £159,250 which is up by £9,357 and Avg. asking rent £3,827.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 Rectory Road, Markfield, LE67 area. In last 1 year alone average price buyer paid is around £159,250 based on approximately 4 sales in Rectory Road, Markfield, LE67 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £136,222. 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 £134,830 for 15 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £133,813 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 Rectory Road, 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 Rectory Road, Markfield, LE67 area.

Popular Houses in Rectory Road, 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 Rectory Road, Markfield, LE67