Average Price for property in Spencefield Lane, Leicester, LE5 is around £391,922 which varies based on type of property you are interested in and ranges from £442,328 for detached house to around £298,748 for semi-detached. Values have been changing and have risen £1,575 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,966 in last 6 months, £23,843 in last 1 year, £38,188 in last 2 years, £42,499 in last 3 years, £42,798 in last 4 years and £36,747 in last 5 years.
Currently average asking price of a property in Spencefield Lane, Leicester, LE5 is around £204,674 based on approximately 3 properties for sale. Same is the case with rental options based on 93 properties up for rent, average asking rent is around £768 per month.
Estimated property value in Spencefield Lane, Leicester, LE5 is £391,922. Average asking price is £204,674 while average price paid is £304,166 which is up by £23,843 and Avg. asking rent £768.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 Spencefield Lane, Leicester, LE5 area. In last 1 year alone average price buyer paid is around £304,166 based on approximately 3 sales in Spencefield Lane, Leicester, LE5 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £324,131. 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 £323,270 for 22 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £314,377 per sale.