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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Watermeadow View, Honiton is £641,494 and the estimated rental value is £1,779 per month.
Payhembury, Honiton, EX14 is located in the borough of East Devon within the EX14 postal district.
2 Watermeadow View, Honiton has 241 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated April 2015.
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 Watermeadow View, Honiton is in very good condition we estimate a sale value of £673,569 and a rental value of £1,868 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £596,589 and a rental value of £1,655 per month.
Over the last 12 months the sale value of 2 Watermeadow View Honiton has decreased by an estimated £11,715 (1.8%) and its rental value has increased by an estimated £31 per month (1.7%), giving an expected gross yield of 3.3%.
According to data from HM Land Registry, 2 Watermeadow View, Honiton sits on a plot of 362m2.
We have plot size data on 16 out of 17 other houses in the postcode and 2 Watermeadow View, Honiton sits on the 10th largest plot.
2 Watermeadow View, Honiton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Apr 2015.
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 Watermeadow View, Honiton was last sold on 4th October 2023 for £430,000 and was recorded as a freehold house.
The property has had 24 sales since 1995.
Since October 2023, the market for similar properties has dropped 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Watermeadow View, Honiton within a radius of 4.0 kilometres over the last 2 years.
The most recent example is Shoots Barn, Honiton, EX14 3JR, a freehold house which sold for £1,300,000 on the 16th November 2022.
Read more about house prices in EX14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Payhembury, Honiton, EX14 has a total of 211 addresses. According to our analysis of all the public data, 2 Watermeadow View, Honiton is the 40th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £284k more expensive than the average property in EX14.
The closest station to 2 Watermeadow View, Honiton is Feniton station which is 2.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 Watermeadow View, Honiton, 43.8% of property is privately owned outright and 33.6% 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 Watermeadow View, Honiton, 20.6% of residents are recorded as possessing school level qualifications and 38.6% 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 Watermeadow View, Honiton, the average age was 45.9 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 Watermeadow View, Honiton, 1.4% 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 Watermeadow View, Honiton, 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.