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2, Summerland Terrace, Barnstaple is described in the public record as a period apartment with 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Summerland Terrace, Barnstaple is £103,260 and its rental estimate is £473 per month, given the available information and assuming reasonable condition.
Summerland Terrace, Barnstaple, EX32 falls within the EX32 postal district, in the borough of North Devon.
2, Summerland Terrace, Barnstaple has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
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.
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, Summerland Terrace, Barnstaple, we estimate a market value of £108,423 and a rental value of £497 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £96,031 and £440 per month respectively.
Over the last year, 2, Summerland Terrace, Barnstaple has seen its estimated sale value climb by £2,795 (2.7%) and its estimated rental value rise by £30 per month (6.4%). This results in an estimated gross rental yield of 5.5%.
2, Summerland Terrace, Barnstaple has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 2, Summerland Terrace, Barnstaple have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th July 2022, was 6, Cross Street, Barnstaple, EX31 1BA, a leasehold flat which sold for £389,950.
Read more about house prices in EX32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 4 addresses on Summerland Terrace, Barnstaple, EX32, 2, Summerland Terrace, Barnstaple comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £168k less expensive than the average property across the EX32 district.
From 2, Summerland Terrace, Barnstaple, the nearest station is Barnstaple, 800 metres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Summerland Terrace, Barnstaple, 35.5% of property is privately rented and 25.4% is socially rented.
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, Summerland Terrace, Barnstaple, 17.1% of residents are recorded as possessing school level qualifications and 37.1% 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, Summerland Terrace, Barnstaple, the average age was 47.8 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, Summerland Terrace, Barnstaple, 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, Summerland Terrace, Barnstaple, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.