Average Price for property in Leominster is around £227,985 which varies based on type of property you are interested in and ranges from £311,502 for detached house to around £166,377 for semi-detached. Similarly terraced house is around £149,356 and a flat is worth £90,091. Values have been changing and have risen £364 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £187 in last 6 months, £6,393 in last 1 year, £13,990 in last 2 years, £17,720 in last 3 years, £20,580 in last 4 years and £9,803 in last 5 years.
Currently average asking price of a property in Leominster is around £293,893 based on approximately 278 properties for sale. Same is the case with rental options based on 15 properties up for rent, average asking rent is around £598 per month.
Estimated property value in Leominster is £227,985. Average asking price is £293,893 while average price paid is £197,568 which is up by £6,393 and Avg. asking rent £598.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 Leominster area. In last 1 year alone average price buyer paid is around £197,568 based on approximately 278 sales in Leominster area alone. If you compare it to last 3 years sales of 721 properties where buyers paid around £199,772. 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 £201,011 for 1,153 and average amount paid for purchase of approx. 1,550 properties sold in last 7 years comes to about £200,018 per sale.