Values have been changing and have risen £107 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,232 in last 6 months, £7,263 in last 1 year, £15,994 in last 2 years, £14,300 in last 3 years, £9,939 in last 4 years and £14,296 in last 5 years.
Currently average asking price of a property in Prospect Terrace, Newton Abbot, TQ12 is around £285,680 based on approximately 4 properties for sale. Same is the case with rental options based on 100 properties up for rent, average asking rent is around £704 per month.
Estimated property value in Prospect Terrace, Newton Abbot, TQ12 is £154,425. Average asking price is £285,680 while average price paid is £174,612 which is up by £7,263 and Avg. asking rent £704.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 Prospect Terrace, Newton Abbot, TQ12 area. In last 1 year alone average price buyer paid is around £174,612 based on approximately 4 sales in Prospect Terrace, Newton Abbot, TQ12 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £153,438. 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 £151,434 for 16 and average amount paid for purchase of approx. 26 properties sold in last 7 years comes to about £143,575 per sale.