The Banks, Sileby, Loughborough, LE12

Street Guide For The Banks, Sileby, Loughborough, LE12

 

The Banks, Sileby, Loughborough, LE12 Map

Estimated Price: £143,635
Average Asking Price: £322,584
Price change in last one year: £10,298
Average Price Paid: £133,283
Average Rent Rates: £621

 

Property Prices Breakdown in The Banks, Sileby, Loughborough, LE12

Average Price for property in The Banks, Sileby, Loughborough, LE12 is around £143,635 which varies based on type of property you are interested in and ranges from £173,050 for detached house to around £155,232 for semi-detached. Similarly terraced house is around £128,405. Values have been changing and have risen £561 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,623 in last 6 months, £10,298 in last 1 year, £14,176 in last 2 years, £16,846 in last 3 years, £15,111 in last 4 years and £13,535 in last 5 years.

Currently average asking price of a property in The Banks, Sileby, Loughborough, LE12 is around £322,584 based on approximately 4 properties for sale. Same is the case with rental options based on 74 properties up for rent, average asking rent is around £621 per month.

Estimated property value in The Banks, Sileby, Loughborough, LE12 is £143,635. Average asking price is £322,584 while average price paid is £132,125 which is up by £10,298 and Avg. asking rent £621.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 The Banks, Sileby, Loughborough, LE12 area. In last 1 year alone average price buyer paid is around £132,125 based on approximately 4 sales in The Banks, Sileby, Loughborough, LE12 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £132,071. 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 £133,283 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £129,560 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 £92,370, £132,230 for a 2 bedroom house, £216,329 for a 3 bedroom house, £347,478 for a 4 bedroom house and £600,524 for a 5 bedroom house. For a flat similarly the prices varies from £87,475 for a single bedroom to £130,383 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £315,000. To sum up the asking prices for properties in The Banks, Sileby, Loughborough, LE12 it comes to around average £90,194 for 1 bedroom property, £131,715 for 2 bedroom, £217,611 for 3 bedroom, £347,478 for 4 bedroom and £600,524 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 £475 for 1 bedroom to £565 for 2 bedrooms, £658 for 3 bedrooms, £915 for 4 bedrooms and £1,276 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £505. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £506 and £565 for 3 bedroom. You should be generally be expecting around average £486 rent per month for single bedroom property, £542 for 2 bedroom, £644 for 3 bedroom, £915 for 4 bedroom and approximately £1,276 for a 5 bedroom property in The Banks, Sileby, Loughborough, LE12 area.

Popular Houses in The Banks, Sileby, Loughborough, LE12

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 The Banks, Sileby, Loughborough, LE12