Salem Road, Burbage, Hinckley, LE10

Street Guide For Salem Road, Burbage, Hinckley, LE10

 

Salem Road, Burbage, Hinckley, LE10 Map

Estimated Price: £213,463
Average Asking Price: £468,985
Price change in last one year: £11,338
Average Price Paid: £158,075
Average Rent Rates: £995

 

Property Prices Breakdown in Salem Road, Burbage, Hinckley, LE10

Average Price for property in Salem Road, Burbage, Hinckley, LE10 is around £213,463 which varies based on type of property you are interested in and ranges from £298,925 for detached house to around £218,057 for semi-detached. Similarly terraced house is around £155,457. Values have been changing and have risen £230 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,281 in last 6 months, £11,338 in last 1 year, £21,321 in last 2 years, £22,690 in last 3 years, £21,730 in last 4 years and £18,520 in last 5 years.

Currently average asking price of a property in Salem Road, Burbage, Hinckley, LE10 is around £468,985 based on approximately 0 properties for sale. Same is the case with rental options based on 95 properties up for rent, average asking rent is around £995 per month.

Estimated property value in Salem Road, Burbage, Hinckley, LE10 is £213,463. Average asking price is £468,985 while average price paid is £164,375 which is up by £22,690 and Avg. asking rent £995.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 Salem Road, Burbage, Hinckley, LE10 area. In last 3 years alone average price buyer paid is around £164,375 based on approximately 4 sales in Salem Road, Burbage, Hinckley, LE10 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £158,075. 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 £159,306 for 8 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 £97,450, £136,617 for a 2 bedroom house, £182,489 for a 3 bedroom house, £313,091 for a 4 bedroom house and £421,199 for a 5 bedroom house. For a flat similarly the prices varies from £80,181 for a single bedroom to £101,556 for a 2 bedroom Flat. To sum up the asking prices for properties in Salem Road, Burbage, Hinckley, LE10 it comes to around average £81,509 for 1 bedroom property, £130,177 for 2 bedroom, £182,489 for 3 bedroom, £313,091 for 4 bedroom and £421,199 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 £452 for 1 bedroom to £556 for 2 bedroom, £636 for 3 bedroom and £1,014 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £406. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £529 and £598 for 3 bedroom. You should be generally be expecting around average £418 rent per month for single bedroom property, £543 for 2 bedroom, £634 for 3 bedroom and approximately £1,014 for 4 bedroom property in Salem Road, Burbage, Hinckley, LE10 area.

Popular Houses in Salem Road, Burbage, Hinckley, LE10

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 Salem Road, Burbage, Hinckley, LE10