Mill Road, Exeter, EX2

Street Guide For Mill Road, Exeter, EX2

 

Mill Road, Exeter, EX2 Map

Estimated Price: £339,123
Average Asking Price: £316,235
Price change in last one year: £19,089
Average Price Paid: £292,491
Average Rent Rates: £858

 

Property Prices Breakdown in Mill Road, Exeter, EX2

Average Price for property in Mill Road, Exeter, EX2 is around £339,123 which varies based on type of property you are interested in and ranges from £344,316 for detached house to around £335,687 for semi-detached. Similarly terraced house is around £309,572. Values have been changing and have risen £1,506 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,854 in last 6 months, £19,089 in last 1 year, £30,668 in last 2 years, £33,425 in last 3 years, £32,763 in last 4 years and £32,833 in last 5 years.

Currently average asking price of a property in Mill Road, Exeter, EX2 is around £316,235 based on approximately 2 properties for sale. Same is the case with rental options based on 92 properties up for rent, average asking rent is around £858 per month.

Estimated property value in Mill Road, Exeter, EX2 is £339,123. Average asking price is £316,235 while average price paid is £287,500 which is up by £19,089 and Avg. asking rent £858.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 Mill Road, Exeter, EX2 area. In last 1 year alone average price buyer paid is around £287,500 based on approximately 2 sales in Mill Road, Exeter, EX2 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £280,000. 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 £292,491 for 6 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £281,661 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 £130,770, £182,472 for a 2 bedroom house, £257,532 for a 3 bedroom house, £396,820 for a 4 bedroom house and £722,222 for a 5 bedroom house. For a flat similarly the prices varies from £124,227 for a single bedroom to £181,845 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £273,750. To sum up the asking prices for properties in Mill Road, Exeter, EX2 it comes to around average £125,862 for 1 bedroom property, £182,151 for 2 bedroom, £258,261 for 3 bedroom, £396,820 for 4 bedroom and £722,222 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 £550 for 1 bedroom to £789 for 2 bedrooms, £940 for 3 bedrooms, £1,339 for 4 bedrooms and £1,633 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £597. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £745 and £823 for 3 bedroom. You should be generally be expecting around average £593 rent per month for single bedroom property, £759 for 2 bedroom, £933 for 3 bedroom, £1,339 for 4 bedroom and approximately £1,632 for a 5 bedroom property in Mill Road, Exeter, EX2 area.

Popular Houses in Mill Road, Exeter, EX2

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 Mill Road, Exeter, EX2