Redmarle Road, Leicester, LE3

Street Guide For Redmarle Road, Leicester, LE3

 

Redmarle Road, Leicester, LE3 Map

Estimated Price: £104,436
Average Asking Price: £188,212
Price change in last one year: £6,216
Average Price Paid: £70,000
Average Rent Rates: £1,039

 

Property Prices Breakdown in Redmarle Road, Leicester, LE3

Average Price for property in Redmarle Road, Leicester, LE3 is around £104,436 e.g. average price for semi-detached is around 104,436. Values have been changing and have risen £120 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,452 in last 6 months, £6,216 in last 1 year, £9,564 in last 2 years, £11,456 in last 3 years, £10,200 in last 4 years and £9,819 in last 5 years.

Currently average asking price of a property in Redmarle Road, Leicester, LE3 is around £188,212 based on approximately 0 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 Redmarle Road, Leicester, LE3 is £104,436. Average asking price is £188,212 while average price paid is £70,000 which is up by £11,456 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 Redmarle Road, Leicester, LE3 area. In last 3 years alone average price buyer paid is around £70,000 based on approximately 1 sales in Redmarle Road, Leicester, LE3 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £70,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £70,000 for 1 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 Redmarle Road, 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 Redmarle Road, Leicester, LE3 area.

Popular Houses in Redmarle Road, 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 Redmarle Road, Leicester, LE3