Average Price for property in Devon is around £261,958 which varies based on type of property you are interested in and ranges from £371,022 for detached house to around £228,524 for semi-detached. Similarly terraced house is around £193,415 and a flat is worth £171,732. Values have been changing and have risen £887 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,112 in last 6 months, £17,082 in last 1 year, £26,104 in last 2 years, £25,225 in last 3 years, £21,061 in last 4 years and £24,297 in last 5 years.
Currently average asking price of a property in Devon is around £299,007 based on approximately 14,195 properties for sale. Same is the case with rental options based on 2,896 properties up for rent, average asking rent is around £752 per month.
Estimated property value in Devon is £261,958. Average asking price is £299,007 while average price paid is £234,196 which is up by £17,082 and Avg. asking rent £752.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 Devon area. In last 1 year alone average price buyer paid is around £234,196 based on approximately 14,195 sales in Devon area alone. If you compare it to last 3 years sales of 42,136 properties where buyers paid around £228,129. 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 £227,331 for 67,935 and average amount paid for purchase of approx. 90,541 properties sold in last 7 years comes to about £225,823 per sale.