Average Price for property in Honiton is around £266,431 which varies based on type of property you are interested in and ranges from £377,402 for detached house to around £214,006 for semi-detached. Similarly terraced house is around £181,402 and a flat is worth £141,764. Values have been changing and have risen £2,910 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,952 in last 6 months, £13,657 in last 1 year, £37,559 in last 2 years, £25,228 in last 3 years, £20,258 in last 4 years and £28,506 in last 5 years.
Currently average asking price of a property in Honiton is around £344,560 based on approximately 361 properties for sale. Same is the case with rental options based on 53 properties up for rent, average asking rent is around £716 per month.
Estimated property value in Honiton is £266,431. Average asking price is £344,560 while average price paid is £216,867 which is up by £13,657 and Avg. asking rent £716.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 Honiton area. In last 1 year alone average price buyer paid is around £216,867 based on approximately 361 sales in Honiton area alone. If you compare it to last 3 years sales of 1,082 properties where buyers paid around £210,035. 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 £213,358 for 1,757 and average amount paid for purchase of approx. 2,284 properties sold in last 7 years comes to about £212,540 per sale.