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Public records show 45, Redvers Way, Tiverton to be a modern leasehold apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
45, Redvers Way, Tiverton has an estimated sale value of £117,715 and an estimated rental value of £641 per month, assuming reasonable condition and based on the information available.
Redvers Way, Tiverton, EX16 lies in the borough of Mid Devon, within the EX16 postal district.
45, Redvers Way, Tiverton has 21 entries in the Land Registry , most recently in May 2012 and a single entry in the EPC database dated March 2020.
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.
In very good condition, we estimate 45, Redvers Way, Tiverton would be worth £123,600, with a potential rental value of £673 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £109,475, with a rental value of £596 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 45, Redvers Way, Tiverton has increased by £865 (0.7%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (3.8%). The property's estimated gross yield is currently 6.5%.
45, Redvers Way, Tiverton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
45, Redvers Way, Tiverton last changed hands on 18th May 2012, selling for £139,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 36.5% since May 2012.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 45, Redvers Way, Tiverton across the last 2 years.
Most recently, 40, Redvers Way, Tiverton, EX16 6XL, a leasehold flat, sold at £58,500 on the 26th May 2017.
Read more about house prices in EX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 45, Redvers Way, Tiverton as the 43rd largest and the 49th most expensive of the 57 addresses on Redvers Way, Tiverton, EX16.
Against the EX16 postcode district average, it is £207k less expensive than the typical property.
Tiverton Parkway station is the nearest stop to 45, Redvers Way, Tiverton at 8.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 45, 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 45, 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 45, 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 45, 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 45, 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.