The property market is rapidly gaining traction after being at a virtual standstill for almost 12 months. The past year has been a difficult one for all of us, but now that a clear end is in sight, things are moving forward and there is a renewed interest in property for sale in Leicester. The property market is beginning to move more freely and so there are ongoing changes to Leicester house prices. 

Leicester house prices vary across the 7 council districts. Whether you live in Anstey, Birstall, Knighton or Syston, it is something that you will have definitely noticed. The price of your Leicester property is influenced by any number of factors, which we’ll get to in a minute, but there is also considerable variation on the street level. Something that surprises people is just how much Leicester house prices can vary on the same street!

Last year we sold a stunning, high value property. Equipped with 6 acres of land, stables, a swimming pool and countryside views, it went for £1.3 million and was featured in the Leicester Mercury. We have a wealth of experience in selling high value homes, which are becoming increasingly popular investments across the county as people want to make smart spending decisions and put down some roots. The high value property for sale in Leicester through Open House is the creme de la creme- whether you’re looking to buy or looking to sell, we have the properties and the experience that make it a stress-free, hassle-free experience. 

On that same street, a house sold for £220,000. That just goes to show that if you are looking to buy a house in Leicester, we really are the estate agents that can do it all. 

Leicester House Prices

Leicester house prices can vary dramatically across the city, and even across the same neighbourhood. Some factors which influence property prices include: 

• Location: Is it close to the city centre? Are there good local schools nearby? Are there lots of employment opportunities? Is it near shopping or entertainment centres? 
• Size and space: How big is the property? How many bedrooms does it have? How many bathrooms does it have? Does it have a lot of usable living space? Does it have any amenities that stand out, such as a hot tub or a large garden?
• Age and condition: Is it a new build? Will it need lots of repairs and renovations? 
• Leicester property market: Are there a lot of homes for sale at the moment? Are you purchasing or selling in a buyers market or a sellers market?
• Economic considerations: Has COVID-19 affected the local economy? Has Brexit changed what people are buying? 
• Other influencing factors include: crime, superstition, proximity to wind farms or power lines, high volumes of traffic, reputation for flooding and poor maintenance. 

Not only are these factors which influence Leicester house prices, but they are questions you should be asking yourself, whether you’re buying or selling. This is because these are the factors that determine what you’re looking for, if you’re buying, and how you should advertise, if you’re selling. 

At Open House estate agents, we’ve helped to buy and sell properties which answer all of these questions and more. Our approach to Leicester house prices is the same as any prospective buyers: we look at the features and the influencing factors, and price it accordingly, so that we can help to get it in front of the right people. 

We have a wealth of experience in selling both low and high value homes. Choosing us as your local estate agents means that you can take a weight off your shoulders and rest easy at night, with the knowledge that you are in safe, qualified hands. Our local knowledge is unmatched, and we have an in-depth knowledge of Leicester house prices, which means you’ll be getting the best service in the East Midlands. 

Property Value In Leicester

Leicester house prices are influenced by more than property-specific factors, as they are also affected by recent sales of nearby properties. If the house next door was sold recently, that could help to determine how much your house will sell for. This is why property valuation in Leicester is so important. 

Our property valuation service is in-person, to provide a relevant and realistic estimate price that can help you plan for the future. While some estate agents provide online valuations, it’s something we have to advise against- they’re often inaccurate, leading to false hopes and wasted time. 

A professional property valuation service about getting the best price for your property. This is great for the buyer, because it means that you are getting the price that you deserve, and for the seller, as it means that you’re not overpaying. 

Our in-house valuation service is a streamlined process. An experienced valuer will visit your property at an agreed upon time and date, to take a realistic view of your property. This includes assessing the house and taking into account some of the influencing factors that we’ve already covered. This allows us to provide a guide asking price, which you can use to manage your expectations and calculate your budget for your next Leicester property purchase. 

We strongly recommend a property valuation- for all properties, but especially for high value properties in Leicester. 

Negotiating Leicester House Prices With Open House

If you’re buying a house in Leicester, or selling a house in Leicester, and looking for a reliable, local estate agent with a reputation for excellence and an unmatched understanding of the local area, then you’re in the right place. Open House estate agents have a wealth of experience and expertise in helping people to sell or let their property, quickly and for a good price. With a dedicated personal agent, negotiating Leicester house prices when buying and selling property has never been easier.

If you’re interested in our services, or would like to hear more about exactly what Open House can do for you, then please don’t hesitate to get in touch. Contact us today by phoning 0116 243 7938 or emailing info@openhouseleicester.co.uk. A member of our friendly, client-first team would be happy to help, advise and guide as needed.  

And if you’ve found this blog interesting, why not look at our previous blog post “Looking For A House Valuation In Leicester? Here’s How You Can Increase House Value”.