Average Price for property in Drakes Avenue, Exmouth, EX8 is around £390,988 which varies based on type of property you are interested in and ranges from £430,210 for detached house to around £335,439 for semi-detached. Similarly terraced house is around £273,421 and a flat is worth £230,512. Values have been changing and have risen £1,968 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,111 in last 6 months, £26,100 in last 1 year, £32,503 in last 2 years, £32,486 in last 3 years, £34,638 in last 4 years and £33,765 in last 5 years.
Currently average asking price of a property in Drakes Avenue, Exmouth, EX8 is around £277,317 based on approximately 1 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £770 per month.
Estimated property value in Drakes Avenue, Exmouth, EX8 is £390,988. Average asking price is £277,317 while average price paid is £650,000 which is up by £26,100 and Avg. asking rent £770.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 Drakes Avenue, Exmouth, EX8 area. In last 1 year alone average price buyer paid is around £650,000 based on approximately 1 sales in Drakes Avenue, Exmouth, EX8 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £341,875. 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 £319,964 for 14 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £329,971 per sale.