Lewis Avenue, Tiverton, EX16

Street Guide For Lewis Avenue, Tiverton, EX16

 

Lewis Avenue, Tiverton, EX16 Map

Estimated Price: £306,749
Average Asking Price: £324,306
Price change in last one year: £21,896
Average Price Paid: £240,000
Average Rent Rates: £692

 

Property Prices Breakdown in Lewis Avenue, Tiverton, EX16

Average Price for property in Lewis Avenue, Tiverton, EX16 is around £306,749 e.g. average price for detached house is around 306,749. Values have been changing and have risen £2,817 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,827 in last 6 months, £21,896 in last 1 year, £28,772 in last 2 years, £28,760 in last 3 years, £28,150 in last 4 years and £29,137 in last 5 years.

Currently average asking price of a property in Lewis Avenue, Tiverton, EX16 is around £324,306 based on approximately 0 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £692 per month.

Estimated property value in Lewis Avenue, Tiverton, EX16 is £306,749. Average asking price is £324,306 while average price paid is £240,000 which is up by £28,760 and Avg. asking rent £692.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 Lewis Avenue, Tiverton, EX16 area. In last 3 years alone average price buyer paid is around £240,000 based on approximately 1 sales in Lewis Avenue, Tiverton, EX16 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £240,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £245,000 for 2 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 £112,000, £177,081 for a 2 bedroom house, £259,585 for a 3 bedroom house, £441,058 for a 4 bedroom house and £670,146 for a 5 bedroom house. For a flat similarly the prices varies from £93,061 for a single bedroom to £145,925 for a 2 bedroom Flat. Same is the case with 5 bedroom flat £199,950. To sum up the asking prices for properties in Lewis Avenue, Tiverton, EX16 it comes to around average £94,955 for 1 bedroom property, £168,632 for 2 bedroom, £259,585 for 3 bedroom, £441,058 for 4 bedroom and £653,354 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 £593 for 2 bedroom to £718 for 3 bedroom, £1,101 for 4 bedroom and £1,212 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £423. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £534 and £587 for 3 bedroom. You should be generally be expecting around average £423 rent per month for single bedroom property, £567 for 2 bedroom, £705 for 3 bedroom, £1,101 for 4 bedroom and approximately £1,212 for a 5 bedroom property in Lewis Avenue, Tiverton, EX16 area.

Popular Houses in Lewis Avenue, Tiverton, EX16

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 Lewis Avenue, Tiverton, EX16