Values have been changing and have risen £568 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,094 in last 6 months, £8,831 in last 1 year, £16,599 in last 2 years, £17,379 in last 3 years, £17,111 in last 4 years and £13,781 in last 5 years.
Currently average asking price of a property in Tower Street, Leicester, LE1 is around £337,275 based on approximately 1 properties for sale. Same is the case with rental options based on 270 properties up for rent, average asking rent is around £2,779 per month.
Estimated property value in Tower Street, Leicester, LE1 is £163,659. Average asking price is £337,275 while average price paid is £125,000 which is up by £8,831 and Avg. asking rent £2,779.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 Tower Street, Leicester, LE1 area. In last 1 year alone average price buyer paid is around £125,000 based on approximately 1 sales in Tower Street, Leicester, LE1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £113,000. 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 £113,200 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £110,428 per sale.