Average Price for property in Red House Rise, Leicester, LE2 is around £108,717 which varies based on type of property you are interested in and ranges from £107,268 for semi-detached to around £108,959 for terraced house. Values have been changing and have risen £489 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,222 in last 6 months, £6,532 in last 1 year, £11,387 in last 2 years, £12,104 in last 3 years, £10,602 in last 4 years and £10,111 in last 5 years.
Currently average asking price of a property in Red House Rise, Leicester, LE2 is around £232,679 based on approximately 1 properties for sale. Same is the case with rental options based on 710 properties up for rent, average asking rent is around £823 per month.
Estimated property value in Red House Rise, Leicester, LE2 is £108,717. Average asking price is £232,679 while average price paid is £95,000 which is up by £6,532 and Avg. asking rent £823.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 Red House Rise, Leicester, LE2 area. In last 1 year alone average price buyer paid is around £95,000 based on approximately 1 sales in Red House Rise, Leicester, LE2 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £95,000. 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 £94,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £88,000 per sale.