Spencer Road, Lutterworth, LE17

Street Guide For Spencer Road, Lutterworth, LE17

 

Spencer Road, Lutterworth, LE17 Map

Estimated Price: £137,451
Average Asking Price: £328,390
Price change in last one year: £7,356
Average Price Paid: £137,500
Average Rent Rates: £926

 

Property Prices Breakdown in Spencer Road, Lutterworth, LE17

Average Price for property in Spencer Road, Lutterworth, LE17 is around £137,451 which varies based on type of property you are interested in and ranges from £132,248 for semi-detached to around £144,734 for terraced house. Values have been changing and have risen £427 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,257 in last 6 months, £7,356 in last 1 year, £14,228 in last 2 years, £15,050 in last 3 years, £14,915 in last 4 years and £14,735 in last 5 years.

Currently average asking price of a property in Spencer Road, Lutterworth, LE17 is around £328,390 based on approximately 1 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £926 per month.

Estimated property value in Spencer Road, Lutterworth, LE17 is £137,451. Average asking price is £328,390 while average price paid is £140,000 which is up by £7,356 and Avg. asking rent £926.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 Spencer Road, Lutterworth, LE17 area. In last 1 year alone average price buyer paid is around £140,000 based on approximately 1 sales in Spencer Road, Lutterworth, LE17 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £137,500. 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 £137,500 for 2 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £133,000 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 £170,000, £192,691 for a 2 bedroom house, £218,436 for a 3 bedroom house, £363,493 for a 4 bedroom house and £561,177 for a 5 bedroom house. For a flat similarly the prices varies from £110,000 for a single bedroom to £114,000 for a 2 bedroom Flat. To sum up the asking prices for properties in Spencer Road, Lutterworth, LE17 it comes to around average £130,000 for 1 bedroom property, £176,953 for 2 bedroom, £218,436 for 3 bedroom, £363,493 for 4 bedroom and £561,177 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 £451 for 1 bedroom to £649 for 2 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property and approximately £649 for 2 bedroom property in Spencer Road, Lutterworth, LE17 area.

Popular Houses in Spencer Road, Lutterworth, LE17

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 Spencer Road, Lutterworth, LE17