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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
40, Redvers Way, Tiverton is recorded publicly as a modern leasehold apartment across 628 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 40, Redvers Way, Tiverton is £118,481 and its rental estimate is £644 per month, given the available information and assuming reasonable condition.
Redvers Way, Tiverton, EX16 falls within the EX16 postal district, in the borough of Mid Devon.
40, Redvers Way, Tiverton has 2 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated September 2011.
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.
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 40, Redvers Way, Tiverton, we estimate a market value of £124,405 and a rental value of £677 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,188 and £599 per month respectively.
Over the last year, 40, Redvers Way, Tiverton has seen its estimated sale value increase by £871 (0.7%) and its estimated rental value grow by £25 per month (3.8%). This results in an estimated gross rental yield of 6.5%.
40, Redvers Way, Tiverton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Sep 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 40, Redvers Way, Tiverton completed on 26th May 2017 at £58,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 18.6% over the period since May 2017.
Over the past 2 years 3 properties similar to 40, Redvers Way, Tiverton have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th August 2015, was 62, Redvers Way, Tiverton, EX16 6XL, a leasehold flat which sold for £75,000.
Read more about house prices in EX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 57 addresses on Redvers Way, Tiverton, EX16, 40, Redvers Way, Tiverton comes out as the 41st largest and the 47th most expensive in our analysis of the public data.
It is also £207k less expensive than the average property across the EX16 district.
From 40, Redvers Way, Tiverton, the nearest station is Tiverton Parkway, 8.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Redvers Way, Tiverton, 34.7% of property is privately owned outright and 28.1% 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 40, Redvers Way, Tiverton, 22.5% of residents are recorded as possessing school level qualifications and 30.1% 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 40, Redvers Way, Tiverton, the average age was 45.6 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 40, Redvers Way, Tiverton, 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 40, Redvers Way, Tiverton, 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.
