Values have been changing and have risen £600 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,136 in last 6 months, £7,591 in last 1 year, £12,198 in last 2 years, £13,297 in last 3 years, £13,037 in last 4 years and £13,067 in last 5 years.
Currently average asking price of a property in Chestnut Avenue, Exeter, EX2 is around £316,235 based on approximately 5 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £858 per month.
Estimated property value in Chestnut Avenue, Exeter, EX2 is £134,835. Average asking price is £316,235 while average price paid is £141,200 which is up by £7,591 and Avg. asking rent £858.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 Chestnut Avenue, Exeter, EX2 area. In last 1 year alone average price buyer paid is around £141,200 based on approximately 5 sales in Chestnut Avenue, Exeter, EX2 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £138,562. 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 £127,697 for 20 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £126,880 per sale.