Somerville Drive, Leeds, LS14

Street Guide For Somerville Drive, Leeds, LS14

 

Somerville Drive, Leeds, LS14 Map

Estimated Price: £142,450
Average Asking Price: £231,595
Price change in last one year: £8,833
Average Price Paid: £121,600
Average Rent Rates: £1,622

 

Property Prices Breakdown in Somerville Drive, Leeds, LS14

Average Price for property in Somerville Drive, Leeds, LS14 is around £142,450 which varies based on type of property you are interested in and ranges from £149,564 for detached house to around £141,976 for semi-detached. Values have been changing and have risen £146 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £260 in last 6 months, £8,833 in last 1 year, £13,132 in last 2 years, £9,288 in last 3 years, £9,796 in last 4 years and £10,961 in last 5 years.

Currently average asking price of a property in Somerville Drive, Leeds, LS14 is around £231,595 based on approximately 0 properties for sale. Same is the case with rental options based on 30 properties up for rent, average asking rent is around £1,622 per month.

Estimated property value in Somerville Drive, Leeds, LS14 is £142,450. Average asking price is £231,595 while average price paid is £123,666 which is up by £9,288 and Avg. asking rent £1,622.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 Somerville Drive, Leeds, LS14 area. In last 3 years alone average price buyer paid is around £123,666 based on approximately 3 sales in Somerville Drive, Leeds, LS14 area alone. If you compare it to last 5 years sales of 5 properties where buyers paid around £121,600. 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 £118,000 for 6 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 £97,317, £123,979 for a 2 bedroom house, £145,521 for a 3 bedroom house, £412,424 for a 4 bedroom house and £724,988 for a 5 bedroom house. For a flat similarly the prices varies from £84,663 for a single bedroom to £123,075 for a 2 bedroom Flat. To sum up the asking prices for properties in Somerville Drive, Leeds, LS14 it comes to around average £90,990 for 1 bedroom property, £123,731 for 2 bedroom, £145,521 for 3 bedroom, £412,424 for 4 bedroom and £724,988 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 £195 for 1 bedroom to £547 for 2 bedroom, £698 for 3 bedroom and £929 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £436. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £572. You should be generally be expecting around average £355 rent per month for single bedroom property, £557 for 2 bedroom, £698 for 3 bedroom and approximately £929 for 4 bedroom property in Somerville Drive, Leeds, LS14 area.

Popular Houses in Somerville Drive, Leeds, LS14

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 Somerville Drive, Leeds, LS14