Average Price for property in The Close, New Road, Burton Lazars, Melton Mowbray, LE14 is around £350,281 e.g. average price for detached house is around 350,281. Values have been changing and have risen £2,633 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,622 in last 6 months, £24,071 in last 1 year, £33,200 in last 2 years, £40,244 in last 3 years, £38,207 in last 4 years and £34,072 in last 5 years.
Currently average asking price of a property in The Close, New Road, Burton Lazars, Melton Mowbray, LE14 is around £496,534 based on approximately 2 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £3,596 per month.
Estimated property value in The Close, New Road, Burton Lazars, Melton Mowbray, LE14 is £350,281. Average asking price is £496,534 while average price paid is £337,500 which is up by £24,071 and Avg. asking rent £3,596.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 Close, New Road, Burton Lazars, Melton Mowbray, LE14 area. In last 1 year alone average price buyer paid is around £337,500 based on approximately 2 sales in The Close, New Road, Burton Lazars, Melton Mowbray, LE14 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £337,500. 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 £350,000 for 3 and average amount paid for purchase of approx. 3 properties sold in last 7 years comes to about £350,000 per sale.