Average Price for property in Water Lane, Tiverton, EX16 is around £141,115 which varies based on type of property you are interested in and ranges from £178,318 for detached house to around £179,424 for semi-detached. Similarly terraced house is around £129,733. Values have been changing and have risen £1,298 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,603 in last 6 months, £10,076 in last 1 year, £13,243 in last 2 years, £13,240 in last 3 years, £12,962 in last 4 years and £13,419 in last 5 years.
Currently average asking price of a property in Water Lane, Tiverton, EX16 is around £324,306 based on approximately 2 properties for sale. Same is the case with rental options based on 76 properties up for rent, average asking rent is around £692 per month.
Estimated property value in Water Lane, Tiverton, EX16 is £141,115. Average asking price is £324,306 while average price paid is £87,000 which is up by £10,076 and Avg. asking rent £692.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 Water Lane, Tiverton, EX16 area. In last 1 year alone average price buyer paid is around £87,000 based on approximately 2 sales in Water Lane, Tiverton, EX16 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £104,783. 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 £104,783 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £116,322 per sale.