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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Wear Close, Exeter is £195,213 and the estimated rental value is £1,026 per month.
Wear Close, Exeter, EX2 is located in the borough of Exeter within the EX2 postal district.
8, Wear Close, Exeter has 31 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated February 2019.
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.
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 8, Wear Close, Exeter is in very good condition we estimate a sale value of £204,974 and a rental value of £1,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,548 and a rental value of £954 per month.
Over the last 12 months the sale value of 8 Wear Close Exeter has increased by an estimated £4,519 (2.3%) and its rental value has increased by an estimated £42 per month (4.0%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 8, Wear Close, Exeter sits on a plot of 336m2.
We have plot size data on 9 out of 24 other houses in the postcode and 8, Wear Close, Exeter sits on the 4th largest plot.
8, Wear Close, Exeter has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 2019.
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, 8, Wear Close, Exeter was last sold on 21st June 2019 for £225,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2019, the market for similar properties has risen 34.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Wear Close, Exeter within a radius of 860 metres over the last 2 years.
The most recent example is 108, Lower Wear Road, Exeter, EX2 7BE, a freehold house which sold for £186,500 on the 1st February 2023.
Read more about house prices in EX2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wear Close, Exeter, EX2 has a total of 24 addresses. According to our analysis of all the public data, 8, Wear Close, Exeter is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in EX2.
The closest station to 8, Wear Close, Exeter is Newcourt station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 8, Wear Close, Exeter, 31.7% of property is privately owned with a mortgage and 29.1% 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 8, Wear Close, Exeter, 21.8% of residents are recorded as possessing school level qualifications and 23.3% 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 8, Wear Close, Exeter, the average age was 45.2 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 8, Wear Close, Exeter, 0.2% 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 8, Wear Close, Exeter, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.