8, Hutchings Mead
8, Hutchings Mead
Description & Estimates
8, Hutchings Mead, Exeter is recorded publicly as a modern leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8, Hutchings Mead, Exeter is £195,132 and its rental estimate is £935 per month, given the available information and assuming reasonable condition.
Hutchings Mead, Exeter, EX1 falls within the EX1 postal district, in the borough of Exeter.
Our Data Sources
8, Hutchings Mead, Exeter has 41 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated December 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
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 8, Hutchings Mead, Exeter, we estimate a market value of £204,888 and a rental value of £982 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,472 and £869 per month respectively.
Recent Market Change
Over the last year, 8, Hutchings Mead, Exeter has seen its estimated sale value grow by £2,060 (1.1%) and its estimated rental value climb by £35 per month (3.8%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
8, Hutchings Mead, Exeter has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Hutchings Mead, Exeter completed on 9th February 2024 at £200,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 6.3% over the period since February 2024.
- Sold Feb 2024£200,000
- Sold Mar 2011£149,000
- Sold Feb 2011£159,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Hutchings Mead, Exeter have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2022, was 46, Jordan Drive, Exeter, EX1 3FQ, a leasehold flat which sold for £181,000.
Read more about house prices in EX1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 12 addresses on Hutchings Mead, Exeter, EX1, 8, Hutchings Mead, Exeter comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £110k less expensive than the average property across the EX1 district.
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Schools Nearby
- 500mMonkerton Community Primary School
- 700mPinhoe Church of England Primary School & Nursery
- 1.1kmWestclyst Community Primary School
- 1.1kmSt Luke's Church of England School
- 2.0kmSt James School
- 2.3kmSt Peter's Church of England Aided School
More reading links
Public Transport Nearby
From 8, Hutchings Mead, Exeter, the nearest station is Pinhoe, 400 metres away.
- 400mPinhoe
- 2.5kmPolsloe Bridge
- 2.6kmDigby & Sowton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
