EX7

Real Estate Area Guide For EX7

 

EX7 Map

Estimated Price: £229,865
Average Asking Price: £211,123
Price change in last one year: £15,164
Average Price Paid: £200,291
Average Rent Rates: £627

 

Property Prices Breakdown in EX7

Average Price for property in EX7 is around £229,865 which varies based on type of property you are interested in and ranges from £337,907 for detached house to around £215,819 for semi-detached. Similarly terraced house is around £178,817 and a flat is worth £133,951. Values have been changing and have risen £1,998 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,725 in last 6 months, £15,164 in last 1 year, £20,637 in last 2 years, £25,422 in last 3 years, £23,246 in last 4 years and £23,392 in last 5 years.

Currently average asking price of a property in EX7 is around £211,123 based on approximately 291 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £627 per month.

Estimated property value in EX7 is £229,865. Average asking price is £211,123 while average price paid is £198,839 which is up by £15,164 and Avg. asking rent £627.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 EX7 area. In last 1 year alone average price buyer paid is around £198,839 based on approximately 291 sales in EX7 area alone. If you compare it to last 3 years sales of 823 properties where buyers paid around £199,943. 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 £200,291 for 1,248 and average amount paid for purchase of approx. 1,595 properties sold in last 7 years comes to about £200,321 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 £45,750, £133,411 for a 2 bedroom house, £212,443 for a 3 bedroom house, £345,338 for a 4 bedroom house and £443,112 for a 5 bedroom house. For a flat similarly the prices varies from £91,890 for a single bedroom to £135,716 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £185,000. To sum up the asking prices for properties in EX7 it comes to around average £78,707 for 1 bedroom property, £134,224 for 2 bedroom, £210,653 for 3 bedroom, £345,338 for 4 bedroom and £443,112 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 £429 for 1 bedroom to £610 for 2 bedroom and £783 for 3 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £469. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £569 and £716 for 3 bedroom. You should be generally be expecting around average £464 rent per month for single bedroom property, £581 for 2 bedroom and approximately £768 for 3 bedroom property in EX7 area.

Popular Houses in EX7

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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