Average Price for property in Totnes is around £345,671 which varies based on type of property you are interested in and ranges from £487,626 for detached house to around £295,358 for semi-detached. Similarly terraced house is around £261,928 and a flat is worth £221,929. Values have been changing and have risen £1,623 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,373 in last 6 months, £6,058 in last 1 year, £30,572 in last 2 years, £40,728 in last 3 years, £24,458 in last 4 years and £32,076 in last 5 years.
Currently average asking price of a property in Totnes is around £366,160 based on approximately 237 properties for sale. Same is the case with rental options based on 46 properties up for rent, average asking rent is around £909 per month.
Estimated property value in Totnes is £345,671. Average asking price is £366,160 while average price paid is £281,094 which is up by £6,058 and Avg. asking rent £909.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 Totnes area. In last 1 year alone average price buyer paid is around £281,094 based on approximately 237 sales in Totnes area alone. If you compare it to last 3 years sales of 752 properties where buyers paid around £298,071. 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 £294,391 for 1,289 and average amount paid for purchase of approx. 1,711 properties sold in last 7 years comes to about £288,703 per sale.