Average Price for property in The Field, Somerby, Melton Mowbray, LE14 is around £291,393 which varies based on type of property you are interested in and ranges from £379,863 for detached house to around £253,646 for semi-detached. Similarly terraced house is around £164,586. Values have been changing and have risen £2,156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,878 in last 6 months, £19,707 in last 1 year, £27,183 in last 2 years, £32,951 in last 3 years, £31,285 in last 4 years and £27,901 in last 5 years.
Currently average asking price of a property in The Field, Somerby, Melton Mowbray, LE14 is around £496,502 based on approximately 1 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 Field, Somerby, Melton Mowbray, LE14 is £291,393. Average asking price is £496,502 while average price paid is £370,000 which is up by £19,707 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 Field, Somerby, Melton Mowbray, LE14 area. In last 1 year alone average price buyer paid is around £370,000 based on approximately 1 sales in The Field, Somerby, Melton Mowbray, LE14 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £224,000. 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 £240,000 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £254,400 per sale.