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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, Millers Close, Lifton is a modern freehold house with 1,291 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, Millers Close, Lifton is £371,719 and the estimated rental value is £1,326 per month.
Millers Close, Lifton, PL16 is located in the borough of West Devon within the PL16 postal district.
2, Millers Close, Lifton has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated May 2022.
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 2, Millers Close, Lifton is in very good condition we estimate a sale value of £390,305 and a rental value of £1,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,699 and a rental value of £1,233 per month.
Over the last 12 months the sale value of 2 Millers Close Lifton has increased by an estimated £10,447 (2.8%) and its rental value has increased by an estimated £41 per month (3.1%), giving an expected gross yield of 4.3%.
2, Millers Close, Lifton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
According to HM Land Registry, 2, Millers Close, Lifton was last sold on 21st October 2022 for £365,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has risen 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Millers Close, Lifton within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 5, Millers Close, Lifton, PL16 0EQ, a freehold house which sold for £365,000 on the 3rd November 2022.
Read more about house prices in PL16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millers Close, Lifton, PL16 has a total of 9 addresses. According to our analysis of all the public data, 2, Millers Close, Lifton is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in PL16.
The closest station to 2, Millers Close, Lifton is Gunnislake station which is 14.9 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, Millers Close, Lifton, 46.7% of property is privately owned outright and 27.9% 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, Millers Close, Lifton, 13.4% of residents are recorded as possessing school level qualifications and 30.1% 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, Millers Close, Lifton, the average age was 48.1 and the most common age was 57.
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, Millers Close, Lifton, 0.0% 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, Millers Close, Lifton, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
