Okehampton

Area Guide For Okehampton

Okehampton was established by the Saxons. The most punctual composed record of the settlement is from 980 AD as "Ocmundtune", importance settlement by the Ockment, a waterway which goes through the town. It was recorded as a spot for slaves to be liberated at cross streets. As the year progressed, occasions for all the family - from the astounding Okehampton Show with the cream of the neighborhood ranch creatures on show, while the showground itself has stunning perspectives of Dartmoor - to Edwardian Evening a Christmas Shopping knowledge in Okehampton - Okehampton has bounty going on lasting through the year. Observe and see what's on when you need to visit Okehampton. Devon is decently associated with fundamental line administrations, train organizations working in the zone incorporate First Great Western, Virgin Trains. Wessex Trains and South West Trains.

 
 

Okehampton Map

Estimated Price: £266,943
Average Asking Price: £295,200
Price change in last one year: £20,474
Average Price Paid: £216,580
Average Rent Rates: £572

 
 

Property Prices Breakdown in Okehampton

Average Price for property in Okehampton is around £266,943 which varies based on type of property you are interested in and ranges from £362,650 for detached house to around £214,078 for semi-detached. Similarly terraced house is around £176,458 and a flat is worth £130,650. Values have been changing and have risen £3,779 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,896 in last 6 months, £20,474 in last 1 year, £27,514 in last 2 years, £27,325 in last 3 years, £39,431 in last 4 years and £40,863 in last 5 years.

Currently average asking price of a property in Okehampton is around £295,200 based on approximately 287 properties for sale. Same is the case with rental options based on 54 properties up for rent, average asking rent is around £572 per month.

Estimated property value in Okehampton is £266,943. Average asking price is £295,200 while average price paid is £219,961 which is up by £20,474 and Avg. asking rent £572.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 Okehampton area. In last 1 year alone average price buyer paid is around £219,961 based on approximately 287 sales in Okehampton area alone. If you compare it to last 3 years sales of 820 properties where buyers paid around £217,424. 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 £216,580 for 1,328 and average amount paid for purchase of approx. 1,833 properties sold in last 7 years comes to about £214,747 per sale.

 
 

Properties For Sale in Okehampton

 
 

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 £138,244, £160,618 for a 2 bedroom house, £252,980 for a 3 bedroom house, £368,995 for a 4 bedroom house and £472,952 for a 5 bedroom house. For a flat similarly the prices varies from £109,761 for a single bedroom to £99,983 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £110,000. To sum up the asking prices for properties in Okehampton it comes to around average £123,165 for 1 bedroom property, £154,554 for 2 bedroom, £251,491 for 3 bedroom, £368,995 for 4 bedroom and £472,952 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 £422 for 1 bedroom to £593 for 2 bedroom, £663 for 3 bedroom and £901 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £369. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £509. You should be generally be expecting around average £393 rent per month for single bedroom property, £575 for 2 bedroom, £663 for 3 bedroom and approximately £901 for 4 bedroom property in Okehampton area.

Popular Houses in Okehampton

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.

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