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According to the public record, 2 Oakwood Court, Brook Meadow, South Molton is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Oakwood Court, Brook Meadow, South Molton is £151,247 and the estimated rental value is £633 per month.
Brook Meadow, South Molton, EX36 is located in the borough of North Devon within the EX36 postal district.
2 Oakwood Court, Brook Meadow, South Molton has 61 entries in the Land Registry , most recently in June 2011 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2 Oakwood Court, Brook Meadow, South Molton is in very good condition we estimate a sale value of £158,810 and a rental value of £665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,660 and a rental value of £589 per month.
Over the last 12 months the sale value of 2 Oakwood Court Brook Meadow South Molton has increased by an estimated £405 (0.3%) and its rental value has increased by an estimated £32 per month (5.1%), giving an expected gross yield of 5%.
2 Oakwood Court, Brook Meadow, South Molton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jul 2022.
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, 2 Oakwood Court, Brook Meadow, South Molton was last sold on 21st June 2011 for £120,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since June 2011, the market for similar properties has risen 31.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Oakwood Court, Brook Meadow, South Molton within a radius of 670 metres over the last 2 years.
The most recent example is 10 Oakwood Court, Brook Meadow, South Molton, EX36 4BN, a leasehold flat which sold for £165,000 on the 23rd August 2024.
Read more about house prices in EX36.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Meadow, South Molton, EX36 has a total of 70 addresses. According to our analysis of all the public data, 2 Oakwood Court, Brook Meadow, South Molton is the 63rd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in EX36.
The closest station to 2 Oakwood Court, Brook Meadow, South Molton is Kings Nympton station which is 10.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Oakwood Court, Brook Meadow, South Molton, 48.3% of property is privately owned outright and 26.9% 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 2 Oakwood Court, Brook Meadow, South Molton, 13.5% of residents are recorded as possessing school level qualifications and 22.5% 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 2 Oakwood Court, Brook Meadow, South Molton, the average age was 45.2 and the most common age was 62.
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 2 Oakwood Court, Brook Meadow, South Molton, 0.5% 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 2 Oakwood Court, Brook Meadow, South Molton, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.