1, Raleigh Close
1, Raleigh Close
Description & Estimates
The public record lists 1, Raleigh Close, South Molton as a freehold house sitting on a 459 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,463 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
1, Raleigh Close, South Molton has an estimated sale value of £316,607 and an estimated rental value of £1,169 per month, assuming reasonable condition and based on the information available.
Raleigh Close, South Molton, EX36 lies in the borough of North Devon, within the EX36 postal district.
Our Data Sources
1, Raleigh Close, South Molton has 41 entries in the Land Registry , most recently in February 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Raleigh Close, South Molton would be worth £332,437, with a potential rental value of £1,228 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £294,444, with a rental value of £1,087 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Raleigh Close, South Molton has declined by £6,943 (2.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £28 (2.4%). The property's estimated gross yield is currently 4.4%.
Plot Size
1, Raleigh Close, South Molton occupies a 459 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 5th largest.
Sold Prices
1, Raleigh Close, South Molton last changed hands on 16th February 2017, selling for £256,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 25.2% since February 2017.
- Sold Feb 2017£256,000
- Sold Jun 2010£265,000
- Sold May 2002£162,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 1, Raleigh Close, South Molton across the last 2 years.
Most recently, 14, Raleigh Close, South Molton, EX36 4DS, a freehold house, sold at £332,500 on the 30th August 2024.
Read more about house prices in EX36.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Raleigh Close, South Molton as the 8th largest and the 7th most expensive of the 14 addresses on Raleigh Close, South Molton, EX36.
Against the EX36 postcode district average, it is £17k more expensive than the typical property.
More reading links
Schools Nearby
- 500mSouth Molton Community Primary School
- 500mSouth Molton United CofE Primary School
- 4.5kmNorth Molton Primary School
- 500mSouth Molton Community College
- 11.3kmChulmleigh Community College
- 15.9kmThe Park Community School
More reading links
Public Transport Nearby
Kings Nympton station is the nearest stop to 1, Raleigh Close, South Molton at 10.0 kilometres away.
- 10.0kmKings Nympton
- 10.2kmPortsmouth Arms
- 10.3kmUmberleigh
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
