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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
According to the public record, 5 The Octagon, Strand, Bude is a modern leasehold apartment with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5 The Octagon, Strand, Bude is £227,472 and the estimated rental value is £998 per month.
Strand, Bude, EX23 is located within the EX23 postal district.
5 The Octagon, Strand, Bude has 41 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated March 2021.
We combine this information with that 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.
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 5 The Octagon, Strand, Bude is in very good condition we estimate a sale value of £238,846 and a rental value of £1,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,549 and a rental value of £928 per month.
Over the last 12 months the sale value of 5 The Octagon Strand Bude has increased by an estimated £3,425 (1.5%) and its rental value has increased by an estimated £59 per month (5.9%), giving an expected gross yield of 5.3%.
5 The Octagon, Strand, Bude has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5 The Octagon, Strand, Bude was last sold on 7th January 2022 for £199,950 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2022, the market for similar properties has dropped 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 The Octagon, Strand, Bude within a radius of 820 metres over the last 2 years.
The most recent example is 2B, Strand, Bude, EX23 8QU, a leasehold flat which sold for £275,000 on the 21st December 2022.
Read more about house prices in EX23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Strand, Bude, EX23 has a total of 37 addresses. According to our analysis of all the public data, 5 The Octagon, Strand, Bude is the 4th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in EX23.
The closest station to 5 The Octagon, Strand, Bude is Okehampton station which is 39.8 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5 The Octagon, Strand, Bude, 66.9% of property is privately rented and 15.8% is privately owned outright.
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 5 The Octagon, Strand, Bude, 18.1% of residents are recorded as possessing school level qualifications and 35.0% 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 5 The Octagon, Strand, Bude, the average age was 46.3 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 5 The Octagon, Strand, Bude, 1.0% 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 5 The Octagon, Strand, Bude, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
