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According to the public record, 3, Elbow Close, Exeter is a modern Leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Elbow Close, Exeter is £191,474 and the estimated rental value is £857 per month.
Elbow Close, Cranbrook, Exeter, EX5 is located in the borough of East Devon within the EX5 postal district.
3, Elbow Close, Exeter has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated November 2024.
We combine this information with that 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.
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 3, Elbow Close, Exeter is in very good condition we estimate a sale value of £201,048 and a rental value of £899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,071 and a rental value of £797 per month.
Over the last 12 months the sale value of 3 Elbow Close Exeter has increased by an estimated £3,400 (1.8%) and its rental value has increased by an estimated £32 per month (3.7%), giving an expected gross yield of 5.4%.
3, Elbow Close, Exeter has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Nov 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 3, Elbow Close, Exeter was last sold on 17th December 2024 for £229,900 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2024, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Elbow Close, Exeter within a radius of 780 metres over the last 2 years.
The most recent example is 9, Furzy Close, Exeter, EX5 7JT, a leasehold flat which sold for £346,200 on the 14th June 2024.
Read more about house prices in EX5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elbow Close, Cranbrook, Exeter, EX5 has a total of 15 addresses. According to our analysis of all the public data, 3, Elbow Close, Exeter is the 12th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in EX5.
The closest station to 3, Elbow Close, Exeter is Cranbrook (Devon) station which is 2.2 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 3, Elbow Close, Exeter, % of property is and % is .
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 3, Elbow Close, Exeter, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 3, Elbow Close, Exeter, 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 3, Elbow Close, Exeter, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.