Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1, Veale Drive, Exeter is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Veale Drive, Exeter is £166,848 and the estimated rental value is £965 per month.
Veale Drive, Exeter, EX2 is located in the borough of Exeter within the EX2 postal district.
1, Veale Drive, Exeter has a single entry in the Land Registry from November 2007 and a single entry in the EPC database dated February 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Veale Drive, Exeter is in very good condition we estimate a sale value of £175,190 and a rental value of £1,013 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,168 and a rental value of £897 per month.
Over the last 12 months the sale value of 1 Veale Drive Exeter has increased by an estimated £2,127 (1.3%) and its rental value has increased by an estimated £30 per month (3.1%), giving an expected gross yield of 6.9%.
1, Veale Drive, Exeter has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Veale Drive, Exeter was last sold on 30th November 2007 for £152,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2007, the market for similar properties has risen 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Veale Drive, Exeter within a radius of 590 metres over the last 2 years.
The most recent example is 19, Veale Drive, Exeter, EX2 5GW, a leasehold flat which sold for £87,200 on the 30th September 2021.
Read more about house prices in EX2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Veale Drive, Exeter, EX2 has a total of 25 addresses. According to our analysis of all the public data, 1, Veale Drive, Exeter is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in EX2.
The closest station to 1, Veale Drive, Exeter is Marsh Barton station which is 1.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Veale Drive, Exeter, 25.9% of property is privately owned with a mortgage and 22.9% is privately owned outright.
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 1, Veale Drive, Exeter, 22.3% of residents are recorded as possessing school level qualifications and 57.5% 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 1, Veale Drive, Exeter, the average age was 40.7 and the most common age was 32.
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 1, Veale Drive, Exeter, 1.3% 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 1, Veale Drive, Exeter, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
