Leiston

Area Guide For Leiston

Leiston is a town in eastern Suffolk, England. It is arranged close Saxmundham and Aldeburgh; around 2 miles from the North Sea drift and is 21 miles northeast of Ipswich and 90 miles northeast from London. The town had a populace of 6,240 at the 2001 measurements.

Since the 1960s Leiston got to be acclaimed outside the UK as the home of the Summerhill School, established by A.S. Neill in the 1920s, which was the first significant "free school" - alluding to flexibility in instruction. Kids are not needed to go to classes and order is given by student government toward oneself gatherings. Summerhill has enlivened an extensive "free school" development and, all the more as of late, "law based schools" in a few nations. The school possesses the previous manor of Richard Garrett, manager of the Leiston Works.

 
 

Leiston Map

Estimated Price: £228,271
Average Asking Price: £209,885
Price change in last one year: £19,944
Average Price Paid: £213,093
Average Rent Rates: £564

 
 

Property Prices Breakdown in Leiston

Average Price for property in Leiston is around £228,271 which varies based on type of property you are interested in and ranges from £366,266 for detached house to around £187,230 for semi-detached. Similarly terraced house is around £155,082 and a flat is worth £151,701. Values have been changing and have risen £1,614 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,896 in last 6 months, £19,944 in last 1 year, £25,873 in last 2 years, £30,482 in last 3 years, £31,764 in last 4 years and £30,859 in last 5 years.

Currently average asking price of a property in Leiston is around £209,885 based on approximately 91 properties for sale. Same is the case with rental options based on 22 properties up for rent, average asking rent is around £564 per month.

Estimated property value in Leiston is £228,271. Average asking price is £209,885 while average price paid is £214,461 which is up by £19,944 and Avg. asking rent £564.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 Leiston area. In last 1 year alone average price buyer paid is around £214,461 based on approximately 91 sales in Leiston area alone. If you compare it to last 3 years sales of 263 properties where buyers paid around £215,718. 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 £213,093 for 461 and average amount paid for purchase of approx. 618 properties sold in last 7 years comes to about £206,144 per sale.

 
 

Properties For Sale in Leiston

 
 

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 £114,998, £120,180 for a 2 bedroom house, £193,893 for a 3 bedroom house, £364,998 for a 4 bedroom house and £403,332 for a 5 bedroom house. For a flat similarly the prices varies from £231,667 for a single bedroom to £147,332 for a 2 bedroom Flat. To sum up the asking prices for properties in Leiston it comes to around average £184,999 for 1 bedroom property, £131,816 for 2 bedroom, £193,893 for 3 bedroom, £364,998 for 4 bedroom and £403,332 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 £661 for 1 bedroom to £496 for 2 bedrooms, £659 for 3 bedrooms, £849 for 4 bedrooms and £949 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £416. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £519. You should be generally be expecting around average £563 rent per month for single bedroom property, £511 for 2 bedroom, £658 for 3 bedroom, £849 for 4 bedroom and approximately £949 for a 5 bedroom property in Leiston area.

Popular Houses in Leiston

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.

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