Ottery St. Mary

Area Guide For Ottery St. Mary

Ottery St Mary, known as "Ottery", is a town and common area in the East Devon region of Devon, England, on the River Otter, around 10 miles (16 km) east of Exeter on the B3174. At the 2001 enumeration, the ward, which incorporates the towns of West Hill, Metcombe, Fairmile, Alfington, Tipton St John and Wiggaton, had a populace of 7,692. Visit Parish Church and stroll around roads once trodden by our most celebrated child – Samuel Taylor Coleridge. These lanes offer a wide mixed bag of individual shops and hostelries that offer administration with a grin in a manner that things used to be. Until 1967 the town was served by Ottery St Mary route station, which was shut under the Beeching Ax. The line ran from Sidmouth Junction on the fundamental line from Exeter to Waterloo to the north of Ottery and to Sidmouth and Exmouth to the south. The line part simply south of Tipton St John, close to the Bowd Inn. The main line to go was the Exmouth and Budleigh Salterton line, which initially joined with the Exeter line. In this way the line from Sidmouth to Sidmouth Junction was shut under Beeching. For a long time the way of the route, with the rails uprooted, stayed set up, with confirmation of the line doors at spots, for example, north of Cadhay Bridge.

 
 

Ottery St. Mary Map

Estimated Price: £347,860
Average Asking Price: £377,717
Price change in last one year: £11,007
Average Price Paid: £303,055
Average Rent Rates: £1,197

 
 

Property Prices Breakdown in Ottery St. Mary

Average Price for property in Ottery St. Mary is around £347,860 which varies based on type of property you are interested in and ranges from £465,664 for detached house to around £232,653 for semi-detached. Similarly terraced house is around £198,495 and a flat is worth £154,343. Values have been changing and have risen £81 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £351 in last 6 months, £11,007 in last 1 year, £26,299 in last 2 years, £14,358 in last 3 years, £36,478 in last 4 years and £32,698 in last 5 years.

Currently average asking price of a property in Ottery St. Mary is around £377,717 based on approximately 148 properties for sale. Same is the case with rental options based on 12 properties up for rent, average asking rent is around £1,197 per month.

Estimated property value in Ottery St. Mary is £347,860. Average asking price is £377,717 while average price paid is £319,478 which is up by £11,007 and Avg. asking rent £1,197.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 Ottery St. Mary area. In last 1 year alone average price buyer paid is around £319,478 based on approximately 148 sales in Ottery St. Mary area alone. If you compare it to last 3 years sales of 408 properties where buyers paid around £303,096. 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 £303,055 for 663 and average amount paid for purchase of approx. 876 properties sold in last 7 years comes to about £302,584 per sale.

 
 

Properties For Sale in Ottery St. Mary

 
 

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 £157,475, £182,255 for a 2 bedroom house, £304,796 for a 3 bedroom house, £375,055 for a 4 bedroom house and £732,778 for a 5 bedroom house. For a flat similarly the prices varies from £185,000 for a single bedroom to £169,225 for a 2 bedroom Flat. To sum up the asking prices for properties in Ottery St. Mary it comes to around average £166,650 for 1 bedroom property, £178,780 for 2 bedroom, £304,796 for 3 bedroom, £375,055 for 4 bedroom and £732,778 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 £624 for 2 bedroom to £979 for 3 bedroom and £1,248 for 4 bedroom. You should be generally be expecting around average £624 rent per month for 2 bedroom property, £979 for 3 bedroom and approximately £1,248 for 4 bedroom property in Ottery St. Mary area.

Popular Houses in Ottery St. Mary

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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