Ford Lane, West Hill, Ottery St. Mary, EX11

Street Guide For Ford Lane, West Hill, Ottery St. Mary, EX11

 

Ford Lane, West Hill, Ottery St. Mary, EX11 Map

Estimated Price: £598,553
Average Asking Price: £377,717
Price change in last one year: £36,247
Average Price Paid: £554,190
Average Rent Rates: £1,197

 

Property Prices Breakdown in Ford Lane, West Hill, Ottery St. Mary, EX11

Average Price for property in Ford Lane, West Hill, Ottery St. Mary, EX11 is around £598,553 e.g. average price for detached house is around 598,553. Values have been changing and have risen £3,379 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,929 in last 6 months, £36,247 in last 1 year, £52,315 in last 2 years, £49,769 in last 3 years, £59,536 in last 4 years and £58,644 in last 5 years.

Currently average asking price of a property in Ford Lane, West Hill, Ottery St. Mary, EX11 is around £377,717 based on approximately 2 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £1,197 per month.

Estimated property value in Ford Lane, West Hill, Ottery St. Mary, EX11 is £598,553. Average asking price is £377,717 while average price paid is £612,475 which is up by £36,247 and Avg. asking rent £1,197.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 Ford Lane, West Hill, Ottery St. Mary, EX11 area. In last 1 year alone average price buyer paid is around £612,475 based on approximately 2 sales in Ford Lane, West Hill, Ottery St. Mary, EX11 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £612,475. 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 £554,190 for 5 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £549,421 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 Ford Lane, West Hill, 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 Ford Lane, West Hill, Ottery St. Mary, EX11 area.

Popular Houses in Ford Lane, West Hill, 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 Ford Lane, West Hill, Ottery St. Mary, EX11