Chineway Gardens, Ottery St. Mary, EX11

Street Guide For Chineway Gardens, Ottery St. Mary, EX11

 

Chineway Gardens, Ottery St. Mary, EX11 Map

Estimated Price: £265,529
Average Asking Price: £384,137
Price change in last one year: £16,060
Average Price Paid: £228,866
Average Rent Rates: £1,215

 

Property Prices Breakdown in Chineway Gardens, Ottery St. Mary, EX11

Average Price for property in Chineway Gardens, Ottery St. Mary, EX11 is around £265,529 which varies based on type of property you are interested in and ranges from £273,139 for detached house to around £240,797 for semi-detached. Values have been changing and have risen £1,497 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,956 in last 6 months, £16,060 in last 1 year, £23,181 in last 2 years, £22,056 in last 3 years, £26,387 in last 4 years and £25,994 in last 5 years.

Currently average asking price of a property in Chineway Gardens, Ottery St. Mary, EX11 is around £384,137 based on approximately 4 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £1,215 per month.

Estimated property value in Chineway Gardens, Ottery St. Mary, EX11 is £265,529. Average asking price is £384,137 while average price paid is £219,750 which is up by £16,060 and Avg. asking rent £1,215.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 Chineway Gardens, Ottery St. Mary, EX11 area. In last 1 year alone average price buyer paid is around £219,750 based on approximately 4 sales in Chineway Gardens, Ottery St. Mary, EX11 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £226,500. 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 £228,866 for 15 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £234,368 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 £157,475, £182,255 for a 2 bedroom house, £304,796 for a 3 bedroom house, £375,055 for a 4 bedroom house and £732,778 for a 5 bedroom house. For a flat similarly the prices varies from £185,000 for a single bedroom to £169,225 for a 2 bedroom Flat. To sum up the asking prices for properties in Chineway Gardens, Ottery St. Mary, EX11 it comes to around average £166,650 for 1 bedroom property, £178,780 for 2 bedroom, £304,796 for 3 bedroom, £375,055 for 4 bedroom and £732,778 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 £624 for 2 bedroom to £979 for 3 bedroom and £1,248 for 4 bedroom. You should be generally be expecting around average £624 rent per month for 2 bedroom property, £979 for 3 bedroom and approximately £1,248 for 4 bedroom property in Chineway Gardens, Ottery St. Mary, EX11 area.

Popular Houses in Chineway Gardens, Ottery St. Mary, EX11

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 Chineway Gardens, Ottery St. Mary, EX11