Norwich Road, Exeter, EX4

Street Guide For Norwich Road, Exeter, EX4

 

Norwich Road, Exeter, EX4 Map

Estimated Price: £246,218
Average Asking Price: £288,980
Price change in last one year: £15,637
Average Price Paid: £216,556
Average Rent Rates: £1,035

 

Property Prices Breakdown in Norwich Road, Exeter, EX4

Average Price for property in Norwich Road, Exeter, EX4 is around £246,218 which varies based on type of property you are interested in and ranges from £230,727 for detached house to around £248,288 for semi-detached. Similarly terraced house is around £232,221. Values have been changing and have risen £1,922 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,315 in last 6 months, £15,637 in last 1 year, £22,350 in last 2 years, £22,176 in last 3 years, £22,599 in last 4 years and £25,929 in last 5 years.

Currently average asking price of a property in Norwich Road, Exeter, EX4 is around £288,980 based on approximately 3 properties for sale. Same is the case with rental options based on 209 properties up for rent, average asking rent is around £1,035 per month.

Estimated property value in Norwich Road, Exeter, EX4 is £246,218. Average asking price is £288,980 while average price paid is £222,650 which is up by £15,637 and Avg. asking rent £1,035.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 Norwich Road, Exeter, EX4 area. In last 1 year alone average price buyer paid is around £222,650 based on approximately 3 sales in Norwich Road, Exeter, EX4 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £221,890. 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 £216,556 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £215,545 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 £147,086, £195,323 for a 2 bedroom house, £247,977 for a 3 bedroom house, £434,311 for a 4 bedroom house and £541,106 for a 5 bedroom house. For a flat similarly the prices varies from £125,208 for a single bedroom to £156,943 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £196,111. To sum up the asking prices for properties in Norwich Road, Exeter, EX4 it comes to around average £129,347 for 1 bedroom property, £174,323 for 2 bedroom, £241,583 for 3 bedroom, £434,311 for 4 bedroom and £541,106 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 £429 for 1 bedroom to £696 for 2 bedrooms, £998 for 3 bedrooms, £1,173 for 4 bedrooms and £1,360 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £596. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £860, £1,116 for 3 bedroom and £1,473 for 4 bedroom. You should be generally be expecting around average £554 rent per month for single bedroom property, £818 for 2 bedroom, £1,055 for 3 bedroom, £1,196 for 4 bedroom and approximately £1,360 for a 5 bedroom property in Norwich Road, Exeter, EX4 area.

Popular Houses in Norwich Road, Exeter, EX4

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 Norwich Road, Exeter, EX4