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Red Lane is a residential street with 4 addresses.
It ranks as the 25th largest and 247th most expensive of the 259 streets in the EX13 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 4 properties: 4 houses.
Red Lane is a residential street with 4 addresses.
It ranks as the 25th largest and 247th most expensive of the 259 streets in the EX13 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 4 properties: 4 houses.
Sale prices range from £341,208 for 3 bedroom freehold houses with a garden (1,313 ft2) to £777,875 for 4 bedroom freehold houses with a garden (1,829 ft2) .
Monthly rental prices range from £1,260 pcm for 3 bed houses to £2,101 pcm for 4 bed houses.
The gross rental yield is between 3.2% and 4.4%.
The average value per square foot is £452.
The last sale on Red Lane sold for £700,000 on 4th August 2022. Since then prices are down an average of 4.2%.
The current average value in the street is £604,828.
The Red Lane Sales Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.2% | £604,828 |
| May 2025 | -1.4% | £612,463 |
| May 2024 | -1.4% | £621,337 |
| May 2023 | 2.1% | £630,425 |
| May 2022 | 15.1% | £617,461 |
| May 2021 | 4.5% | £536,561 |
| May 2020 | 3.4% | £513,421 |
| May 2019 | 1.5% | £496,726 |
| May 2018 | 3.2% | £489,213 |
| May 2017 | 6% | £473,885 |
| May 2016 | 1.5% | £447,051 |
| May 2015 | 0.9% | £440,636 |
| May 2014 | 3.4% | £436,875 |
| May 2013 | 3.8% | £422,559 |
| May 2012 | -3.2% | £407,251 |
| May 2011 | -0.3% | £420,834 |
| May 2010 | 8.2% | £422,077 |
| May 2009 | -5.8% | £390,198 |
| May 2008 | 5.2% | £414,144 |
| May 2007 | 0% | £393,782 |
The current average rental value in the street is £1,766.
The Red Lane Rental Market has increased by 52.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.8% | £1,766pcm |
| May 2025 | 3% | £1,735pcm |
| May 2024 | 7.5% | £1,685pcm |
| May 2023 | 4.8% | £1,567pcm |
| May 2022 | 9.7% | £1,495pcm |
| May 2021 | 8.1% | £1,363pcm |
| May 2020 | 2% | £1,260pcm |
| May 2019 | 2.6% | £1,236pcm |
| May 2018 | 1.7% | £1,205pcm |
| May 2017 | 2.2% | £1,185pcm |
| May 2016 | 1.1% | £1,160pcm |
| May 2015 | 2.7% | £1,147pcm |
| May 2014 | 2.3% | £1,116pcm |
| May 2013 | 1.4% | £1,091pcm |
| May 2012 | 0.1% | £1,076pcm |
| May 2011 | 2.6% | £1,075pcm |
| May 2010 | 7.5% | £1,047pcm |
| May 2009 | -6.8% | £974pcm |
| May 2008 | 5.3% | £1,046pcm |
| May 2007 | 0% | £993pcm |
The last sale was on 4th August 2022 for £700,000 and since then the market in the area has decreased by 4.2%. The street has had a total of 5 sales since 1995.
Red Lane, Axminster, EX13 has seen no sales in the last three years and no sales in the last twelve months.
Red Lane, Axminster, EX13 is the 25th largest and the 247th most expensive street in the EX13 area.
There is 1 postcode on Red Lane, Axminster, EX13.
The closest station to Red Lane, Axminster, EX13 is Axminster station which is 3.9 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Red Lane, Axminster, EX13, 67.1% of property is privately owned outright and 24.3% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Red Lane, Axminster, EX13, 15.3% of residents are recorded as possessing school level qualifications and 41.7% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Red Lane, Axminster, EX13, the average age was 51.7 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Red Lane, Axminster, EX13, 1.1% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Red Lane, Axminster, EX13, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.