South Lawn Terrace, Heavitree, Exeter, EX1

Street Guide For South Lawn Terrace, Heavitree, Exeter, EX1

 

South Lawn Terrace, Heavitree, Exeter, EX1 Map

Estimated Price: £248,591
Average Asking Price: £293,052
Price change in last one year: £17,659
Average Price Paid: £213,625
Average Rent Rates: £1,008

 

Property Prices Breakdown in South Lawn Terrace, Heavitree, Exeter, EX1

Average Price for property in South Lawn Terrace, Heavitree, Exeter, EX1 is around £248,591 which varies based on type of property you are interested in and ranges from £258,873 for terraced house to around £120,070 for a flat. Values have been changing and have risen £2,792 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,421 in last 6 months, £17,659 in last 1 year, £21,958 in last 2 years, £27,703 in last 3 years, £24,528 in last 4 years and £25,187 in last 5 years.

Currently average asking price of a property in South Lawn Terrace, Heavitree, Exeter, EX1 is around £293,052 based on approximately 3 properties for sale. Same is the case with rental options based on 83 properties up for rent, average asking rent is around £1,008 per month.

Estimated property value in South Lawn Terrace, Heavitree, Exeter, EX1 is £248,591. Average asking price is £293,052 while average price paid is £223,000 which is up by £17,659 and Avg. asking rent £1,008.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 South Lawn Terrace, Heavitree, Exeter, EX1 area. In last 1 year alone average price buyer paid is around £223,000 based on approximately 3 sales in South Lawn Terrace, Heavitree, Exeter, EX1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £214,625. 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 £213,625 for 12 and average amount paid for purchase of approx. 15 properties sold in last 7 years comes to about £206,566 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 £136,225, £188,316 for a 2 bedroom house, £243,196 for a 3 bedroom house, £357,024 for a 4 bedroom house and £742,500 for a 5 bedroom house. For a flat similarly the prices varies from £134,180 for a single bedroom to £239,873 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £328,480. To sum up the asking prices for properties in South Lawn Terrace, Heavitree, Exeter, EX1 it comes to around average £134,420 for 1 bedroom property, £222,687 for 2 bedroom, £255,380 for 3 bedroom, £357,024 for 4 bedroom and £742,500 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 £497 for 1 bedroom to £968 for 2 bedrooms, £805 for 3 bedrooms, £1,432 for 4 bedrooms and £1,484 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £582. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £788, £730 for 3 bedroom and £1,194 for 4 bedroom. You should be generally be expecting around average £540 rent per month for single bedroom property, £831 for 2 bedroom, £791 for 3 bedroom, £1,379 for 4 bedroom and approximately £1,484 for a 5 bedroom property in South Lawn Terrace, Heavitree, Exeter, EX1 area.

Popular Houses in South Lawn Terrace, Heavitree, Exeter, EX1

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.