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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3 Oceanpoint, Woolacombe is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 Oceanpoint, Woolacombe is £482,301 and the estimated rental value is £1,794 per month.
The apartment is within Oceanpoint, Sandy Lane, Woolacombe, EX34.
Sandy Lane, Woolacombe, EX34 is located in the borough of North Devon within the EX34 postal district.
3 Oceanpoint, Woolacombe has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated November 2017.
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 3 Oceanpoint, Woolacombe is in very good condition we estimate a sale value of £506,416 and a rental value of £1,884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,540 and a rental value of £1,668 per month.
Over the last 12 months the sale value of 3 Oceanpoint Woolacombe has increased by an estimated £7,793 (1.6%) and its rental value has increased by an estimated £99 per month (5.5%), giving an expected gross yield of 4.5%.
3 Oceanpoint, Woolacombe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating and radiators, pipes in screed above insulation, electric.
According to HM Land Registry, 3 Oceanpoint, Woolacombe was last sold on 31st May 2019 for £492,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has dropped 20.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Oceanpoint, Woolacombe within a radius of 4.5 kilometres over the last 2 years.
The most recent example is 8 Oceanpoint, Sandy Lane, Woolacombe, EX34 7AY, a leasehold flat which sold for £550,000 on the 7th February 2024.
Read more about house prices in EX34.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sandy Lane, Woolacombe, EX34 has a total of 26 addresses. According to our analysis of all the public data, 3 Oceanpoint, Woolacombe is the 12th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £178k more expensive than the average property in EX34.
The closest station to 3 Oceanpoint, Woolacombe is Barnstaple station which is 14.9 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 Oceanpoint, Woolacombe, 50.5% of property is privately owned outright and 25.8% 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 3 Oceanpoint, Woolacombe, 13.6% of residents are recorded as possessing school level qualifications and 40.4% 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 3 Oceanpoint, Woolacombe, the average age was 47.1 and the most common age was 72.
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 Oceanpoint, Woolacombe, 1.6% 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 Oceanpoint, Woolacombe, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
