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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Market Gardens, Torrington is a modern freehold house with 1,679 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Market Gardens, Torrington is £503,438 and the estimated rental value is £1,184 per month.
Market Gardens, Torrington, EX38 is located in the borough of Torridge within the EX38 postal district.
2, Market Gardens, Torrington has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Market Gardens, Torrington is in very good condition we estimate a sale value of £528,610 and a rental value of £1,243 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £468,197 and a rental value of £1,101 per month.
Over the last 12 months the sale value of 2 Market Gardens Torrington has decreased by an estimated £769 (0.2%) and its rental value has increased by an estimated £40 per month (3.4%), giving an expected gross yield of 2.8%.
2, Market Gardens, Torrington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 2, Market Gardens, Torrington was last sold on 15th December 2023 for £625,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has risen 36.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Market Gardens, Torrington within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Merrowlea, Gas Lane, Torrington, EX38 7BE, a freehold house which sold for £560,000 on the 3rd December 2024.
Read more about house prices in EX38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Gardens, Torrington, EX38 has a total of 9 addresses. According to our analysis of all the public data, 2, Market Gardens, Torrington is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £199k more expensive than the average property in EX38.
The closest station to 2, Market Gardens, Torrington is Chapelton (Devon) station which is 11.2 kilometres away.
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, Market Gardens, Torrington, 55.8% of property is privately owned outright and 28.3% 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 2, Market Gardens, Torrington, 9.6% of residents are recorded as possessing school level qualifications and 35.7% 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 2, Market Gardens, Torrington, the average age was 44.4 and the most common age was 52.
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, Market Gardens, Torrington, 0.4% 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, Market Gardens, Torrington, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
