Long Lane, Exmouth, EX8

Street Guide For Long Lane, Exmouth, EX8

 
 

Long Lane, Exmouth, EX8 Map

Estimated Price: £606,289
Average Asking Price: £277,317
Price change in last one year: £40,466
Average Price Paid: £555,000
Average Rent Rates: £770

W2 Estates
Little Acre, 233A Exeter Road, Exmouth, Devon, EX8

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Property Prices Breakdown in Long Lane, Exmouth, EX8

Average Price for property in Long Lane, Exmouth, EX8 is around £606,289 e.g. average price for terraced house is around 606,289. Values have been changing and have risen £3,049 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,921 in last 6 months, £40,466 in last 1 year, £50,394 in last 2 years, £50,366 in last 3 years, £53,702 in last 4 years and £52,347 in last 5 years.

Currently average asking price of a property in Long Lane, 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 Long Lane, Exmouth, EX8 is £606,289. Average asking price is £277,317 while average price paid is £555,000 which is up by £40,466 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 Long Lane, Exmouth, EX8 area. In last 1 year alone average price buyer paid is around £555,000 based on approximately 1 sales in Long Lane, Exmouth, EX8 area alone. If you compare it to last 3 years sales of 1 properties where buyers paid around £555,000. 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 £555,000 for 1 and average amount paid for purchase of approx. 1 properties sold in last 7 years comes to about £555,000 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 £121,100, £206,411 for a 2 bedroom house, £289,224 for a 3 bedroom house, £396,744 for a 4 bedroom house and £637,938 for a 5 bedroom house. For a flat similarly the prices varies from £112,745 for a single bedroom to £215,546 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £336,798 and £189,975 for a 4 bedroom flat. To sum up the asking prices for properties in Long Lane, Exmouth, EX8 it comes to around average £114,964 for 1 bedroom property, £212,177 for 2 bedroom, £299,115 for 3 bedroom, £389,489 for 4 bedroom and £637,938 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 £520 for 1 bedroom to £729 for 2 bedrooms, £868 for 3 bedrooms, £1,293 for 4 bedrooms and £1,499 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £521. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £714 and £772 for 3 bedroom. You should be generally be expecting around average £521 rent per month for single bedroom property, £718 for 2 bedroom, £849 for 3 bedroom, £1,293 for 4 bedroom and approximately £1,499 for a 5 bedroom property in Long Lane, Exmouth, EX8 area.

Popular Houses in Long Lane, Exmouth, EX8

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 Long Lane, Exmouth, EX8