The streets in Ottery St Mary with the highest house prices have been revealed by a property company – along with those where it's cheapest to buy a home.
Professional fast sales company Property Solvers has tracked average sold price data from HM Land Registry since 2019.
The homes that sold for the highest prices in Ottery St Mary were in Barrel Close (average £587,777), Cadhay Lane (average £575,833) and Longdogs Lane (£558,000).
The least expensive properties were in Badgers Mews (average £169,879), Tip Hill (£171,158) and Mossop Close (£192,333).
The average house price in Ottery St Mary is £350,000, based on HM Land Registry data.
The average property price increased by £62,122 (21.1 per cent) over the last five years and increased by £12,419 (3.61 per cent) over the last 12 months.
Over the last year, there were 68 residential property sales – a decrease of 22 transactions (-32.35 per cent) relative to the previous year. The majority of house sales (16) were in the £320,000- £380,000 range. Then came properties in the £260,000- £320,000 range, where 15 were sold within this price bracket.
Excluding fall-throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is -£15,500 (-3 per cent).
In June 2024, there were 16 new estate agency instructions, 14 agreed home sales and 9 property price reductions.
Property Solvers is a Property Solvers is a leading fast property sale company offering 7-28 day 'We Buy Any House' cash sales, traditional and modern online regulated auctions, and an express sale estate agency service.
For more information visit www.propertysolvers.co.uk
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