2 Mere Close, Barnstaple
2 Mere Close, Barnstaple
Description & Estimates
2 Mere Close, Barnstaple is described in the public record as a modern house with 1,862 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2 Mere Close, Barnstaple is £527,453 and its rental estimate is £1,514 per month, given the available information and assuming reasonable condition.
Lake, Tawstock, Barnstaple, EX31 falls within the EX31 postal district, in the borough of North Devon.
Our Data Sources
2 Mere Close, Barnstaple has no records in the the Land Registry and a single entry in the EPC database dated January 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Mere Close, Barnstaple, we estimate a market value of £553,826 and a rental value of £1,590 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £490,531 and £1,408 per month respectively.
Recent Market Change
Over the last year, 2 Mere Close, Barnstaple has seen its estimated sale value decline by £7,208 (1.4%) and its estimated rental value climb by £40 per month (2.7%). This results in an estimated gross rental yield of 3.4%.
Energy Efficiency
2 Mere Close, Barnstaple has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jan 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Mere Close, Barnstaple have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 154, Taw Wharf, Barnstaple, EX31 2FE, a freehold house which sold for £510,000.
Read more about house prices in EX31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 40 addresses on Lake, Tawstock, Barnstaple, EX31, 2 Mere Close, Barnstaple comes out as the 17th largest and the 14th most expensive in our analysis of the public data.
It is also £184k more expensive than the average property across the EX31 district.
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Schools Nearby
- 1.2kmAshleigh CofE Primary School
- 1.2kmSticklepath Community Primary Academy
- 1.5kmNewport Community School Primary Academy
- 1.0kmThe Park Community School
- 1.9kmPilton Community College
- 7.3kmBraunton Academy
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Public Transport Nearby
From 2 Mere Close, Barnstaple, the nearest station is Barnstaple, 300 metres away.
- 300mBarnstaple
- 6.8kmChapelton (Devon)
- 10.1kmUmberleigh
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
