Southway, Blaby, Leicester, LE8

Street Guide For Southway, Blaby, Leicester, LE8

 

Southway, Blaby, Leicester, LE8 Map

Estimated Price: £194,335
Average Asking Price: £254,194
Price change in last one year: £12,785
Average Price Paid: £167,704
Average Rent Rates: £1,815

 

Property Prices Breakdown in Southway, Blaby, Leicester, LE8

Average Price for property in Southway, Blaby, Leicester, LE8 is around £194,335 which varies based on type of property you are interested in and ranges from £200,670 for detached house to around £191,620 for semi-detached. Values have been changing and have risen £1,291 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,172 in last 6 months, £12,785 in last 1 year, £21,273 in last 2 years, £22,933 in last 3 years, £19,657 in last 4 years and £19,066 in last 5 years.

Currently average asking price of a property in Southway, Blaby, Leicester, LE8 is around £254,194 based on approximately 1 properties for sale. Same is the case with rental options based on 16 properties up for rent, average asking rent is around £1,815 per month.

Estimated property value in Southway, Blaby, Leicester, LE8 is £194,335. Average asking price is £254,194 while average price paid is £152,000 which is up by £12,785 and Avg. asking rent £1,815.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 Southway, Blaby, Leicester, LE8 area. In last 1 year alone average price buyer paid is around £152,000 based on approximately 1 sales in Southway, Blaby, Leicester, LE8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £160,931. 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 £167,704 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £168,465 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 2 bedroom is around £152,325, £206,516 for a 3 bedroom house, £314,433 for a 4 bedroom house and £439,271 for a 5 bedroom house. For a flat similarly the prices varies from £85,075 for a single bedroom to £98,350 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £145,000. To sum up the asking prices for properties in Southway, Blaby, Leicester, LE8 it comes to around average £85,075 for 1 bedroom property, £135,458 for 2 bedroom, £205,473 for 3 bedroom, £314,433 for 4 bedroom and £439,271 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 £793 for 1 bedroom to £594 for 2 bedroom, £659 for 3 bedroom and £1,348 for 4 bedroom. But if you are interested in renting a 2 bedroom flat then rent per month can be around £550. You should be generally be expecting around average £793 rent per month for single bedroom property, £572 for 2 bedroom, £659 for 3 bedroom and approximately £1,348 for 4 bedroom property in Southway, Blaby, Leicester, LE8 area.

Popular Houses in Southway, Blaby, Leicester, LE8

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 Southway, Blaby, Leicester, LE8