Welford Road, South Kilworth, Lutterworth, LE17

Street Guide For Welford Road, South Kilworth, Lutterworth, LE17

 

Welford Road, South Kilworth, Lutterworth, LE17 Map

Estimated Price: £336,663
Average Asking Price: £329,006
Price change in last one year: £18,229
Average Price Paid: £210,389
Average Rent Rates: £926

 

Property Prices Breakdown in Welford Road, South Kilworth, Lutterworth, LE17

Average Price for property in Welford Road, South Kilworth, Lutterworth, LE17 is around £336,663 which varies based on type of property you are interested in and ranges from £404,991 for detached house to around £235,526 for semi-detached. Similarly terraced house is around £198,844. Values have been changing and have risen £1,057 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,593 in last 6 months, £18,229 in last 1 year, £35,264 in last 2 years, £37,295 in last 3 years, £36,957 in last 4 years and £36,503 in last 5 years.

Currently average asking price of a property in Welford Road, South Kilworth, Lutterworth, LE17 is around £329,006 based on approximately 3 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 Welford Road, South Kilworth, Lutterworth, LE17 is £336,663. Average asking price is £329,006 while average price paid is £215,166 which is up by £18,229 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 Welford Road, South Kilworth, Lutterworth, LE17 area. In last 1 year alone average price buyer paid is around £215,166 based on approximately 3 sales in Welford Road, South Kilworth, Lutterworth, LE17 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £205,950. 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 £210,389 for 14 and average amount paid for purchase of approx. 18 properties sold in last 7 years comes to about £219,886 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 Welford Road, South Kilworth, 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 Welford Road, South Kilworth, Lutterworth, LE17 area.

Popular Houses in Welford Road, South Kilworth, 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 Welford Road, South Kilworth, Lutterworth, LE17