3, Water Lake Avenue
3, Water Lake Avenue
Description & Estimates
Public records show 3, Water Lake Avenue, Exeter to be a modern freehold house with 947 ft2 of internal area, sitting on a 220 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Water Lake Avenue, Exeter has an estimated sale value of £310,450 and an estimated rental value of £1,214 per month, assuming reasonable condition and based on the information available.
Water Lake Avenue, Cranbrook, Exeter, EX5 lies in the borough of East Devon, within the EX5 postal district.
Our Data Sources
3, Water Lake Avenue, Exeter has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated July 2021.
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.
Price Range & Condition
In very good condition, we estimate 3, Water Lake Avenue, Exeter would be worth £325,972, with a potential rental value of £1,275 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £288,718, with a rental value of £1,129 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Water Lake Avenue, Exeter has increased by £2,844 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £49 (4.1%). The property's estimated gross yield is currently 4.7%.
Plot Size
3, Water Lake Avenue, Exeter occupies a 220 m2 plot as recorded by HM Land Registry.
All 11 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
3, Water Lake Avenue, Exeter has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Jul 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
3, Water Lake Avenue, Exeter last changed hands on 17th September 2021, selling for £299,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.9% since September 2021.
- Sold Sep 2021£299,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 3, Water Lake Avenue, Exeter across the last 2 years.
Most recently, 87, Rush Meadow Road, Exeter, EX5 7HA, a freehold house, sold at £335,000 on the 10th October 2025.
Read more about house prices in EX5.
- Sold Oct 2025£335,000 | 3 Bed House87, Rush Meadow Road, Exeter, EX5 7HA87, Rush Meadow Road, Exeter, EX5 7HA
- Sold Sep 2024£323,000 | 3 Bed House6, Horse Field, Exeter, EX5 7JG6, Horse Field, Exeter, EX5 7JG
- Sold Jun 2024£252,460 | 3 Bed House15, Horse Field, Exeter, EX5 7JG15, Horse Field, Exeter, EX5 7JG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Water Lake Avenue, Exeter as the 9th largest and the 9th most expensive of the 11 addresses on Water Lake Avenue, Cranbrook, Exeter, EX5.
Against the EX5 postcode district average, it is £61k less expensive than the typical property.
More reading links
Schools Nearby
- 1.1kmRockbeare Church of England Primary School and Pre-School
- 1.9kmSt Martin's CofE Primary & Nursery School
- 2.8kmWhimple Primary School
- 3.5kmClyst Vale Community College
- 6.8kmSt Luke's Church of England School
- 6.9kmThe King's School
More reading links
Public Transport Nearby
Cranbrook (Devon) station is the nearest stop to 3, Water Lake Avenue, Exeter at 2.3 kilometres away.
- 2.3kmCranbrook (Devon)
- 2.9kmWhimple
- 6.1kmPinhoe
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
