3, Molbrook Road
3, Molbrook Road
Description & Estimates
3, Molbrook Road, South Molton is described in the public record as a modern house with 1,248 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Molbrook Road, South Molton is £375,891 and its rental estimate is £1,160 per month, given the available information and assuming reasonable condition.
Molbrook Road, South Molton, EX36 falls within the EX36 postal district, in the borough of North Devon.
Our Data Sources
3, Molbrook Road, South Molton has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data 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.
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 3, Molbrook Road, South Molton, we estimate a market value of £394,686 and a rental value of £1,219 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £349,579 and £1,079 per month respectively.
Recent Market Change
Over the last year, 3, Molbrook Road, South Molton has seen its estimated sale value decrease by £8,243 (2.2%) and its estimated rental value grow by £28 per month (2.4%). This results in an estimated gross rental yield of 3.7%.
Energy Efficiency
3, Molbrook Road, South Molton has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 29 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Molbrook Road, South Molton have sold within a radius of 890 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 13, Molbrook Road, South Molton, EX36 4GH, a freehold house which sold for £379,950.
Read more about house prices in EX36.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Molbrook Road, South Molton, EX36, 3, Molbrook Road, South Molton comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £77k more expensive than the average property across the EX36 district.
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Schools Nearby
- 500mSouth Molton Community Primary School
- 900mSouth Molton United CofE Primary School
- 4.5kmFilleigh Community Primary School
- 1.0kmSouth Molton Community College
- 11.4kmChulmleigh Community College
- 15.4kmThe Park Community School
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Public Transport Nearby
From 3, Molbrook Road, South Molton, the nearest station is Umberleigh, 9.9 kilometres away.
- 9.9kmUmberleigh
- 10.0kmPortsmouth Arms
- 10.0kmKings Nympton
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
