Western Lea, Crediton, EX17

Street Guide For Western Lea, Crediton, EX17

 

Western Lea, Crediton, EX17 Map

Estimated Price: £268,876
Average Asking Price: £268,133
Price change in last one year: £17,109
Average Price Paid: £227,258
Average Rent Rates: £688

 

Property Prices Breakdown in Western Lea, Crediton, EX17

Average Price for property in Western Lea, Crediton, EX17 is around £268,876 which varies based on type of property you are interested in and ranges from £286,017 for detached house to around £218,227 for semi-detached. Similarly terraced house is around £264,229. Values have been changing and have risen £1,662 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,661 in last 6 months, £17,109 in last 1 year, £23,717 in last 2 years, £25,510 in last 3 years, £25,666 in last 4 years and £27,871 in last 5 years.

Currently average asking price of a property in Western Lea, Crediton, EX17 is around £268,133 based on approximately 0 properties for sale. Same is the case with rental options based on 59 properties up for rent, average asking rent is around £688 per month.

Estimated property value in Western Lea, Crediton, EX17 is £268,876. Average asking price is £268,133 while average price paid is £229,350 which is up by £25,510 and Avg. asking rent £688.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 Western Lea, Crediton, EX17 area. In last 3 years alone average price buyer paid is around £229,350 based on approximately 7 sales in Western Lea, Crediton, EX17 area alone. If you compare it to last 5 years sales of 17 properties where buyers paid around £227,258. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £217,396 for 25 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 £113,725, £172,256 for a 2 bedroom house, £232,178 for a 3 bedroom house, £329,630 for a 4 bedroom house and £424,611 for a 5 bedroom house. For a flat similarly the prices varies from £76,969 for a single bedroom to £69,720 for a 2 bedroom Flat. To sum up the asking prices for properties in Western Lea, Crediton, EX17 it comes to around average £93,305 for 1 bedroom property, £168,155 for 2 bedroom, £232,178 for 3 bedroom, £329,630 for 4 bedroom and £424,611 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 £616 for 2 bedroom to £799 for 3 bedroom, £867 for 4 bedroom and £1,041 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £447. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £561. You should be generally be expecting around average £447 rent per month for single bedroom property, £601 for 2 bedroom, £799 for 3 bedroom, £867 for 4 bedroom and approximately £1,041 for a 5 bedroom property in Western Lea, Crediton, EX17 area.

Popular Houses in Western Lea, Crediton, EX17

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.

Areas in and around Western Lea, Crediton, EX17