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Bricks&Logic is a trading name of Urban Markets Ltd
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Registered Address: 2 Leman St, London E1 8FA
According to the public record, 27A, Melbourne Street, Exeter is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 958 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 27A, Melbourne Street, Exeter is £616,582 and the estimated rental value is £1,889 per month.
The apartment is within 27, Melbourne Street, Exeter, EX2.
Melbourne Street, Exeter, EX2 is located in the borough of Exeter within the EX2 postal district.
27A, Melbourne Street, Exeter has 21 entries in the Land Registry , most recently in March 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 27A, Melbourne Street, Exeter is in very good condition we estimate a sale value of £647,411 and a rental value of £1,984 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £573,422 and a rental value of £1,757 per month.
Over the last 12 months the sale value of 27A Melbourne Street Exeter has increased by an estimated £14,874 (2.4%) and its rental value has increased by an estimated £80 per month (4.2%), giving an expected gross yield of 3.7%.
According to HM Land Registry, 27A, Melbourne Street, Exeter was last sold on 23rd March 2012 for £217,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2012, the market for similar properties has dropped 25.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27A, Melbourne Street, Exeter within a radius of 430 metres over the last 2 years.
The most recent example is Flat 1, Dean Clarke House, Southernhay East, Exeter, EX1 1AP, a leasehold flat which sold for £550,000 on the 8th September 2023.
Read more about house prices in EX2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Street, Exeter, EX2 has a total of 68 addresses. According to our analysis of all the public data, 27A, Melbourne Street, Exeter is the 14th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £278k more expensive than the average property in EX2.
The closest station to 27A, Melbourne Street, Exeter is Exeter St Thomas station which is 900 metres 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 27A, Melbourne Street, Exeter, 55.2% of property is privately rented and 16.4% 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 27A, Melbourne Street, Exeter, 13.3% of residents are recorded as possessing school level qualifications and 62.4% 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 27A, Melbourne Street, Exeter, the average age was 41.9 and the most common age was 27.
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 27A, Melbourne Street, Exeter, 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 27A, Melbourne Street, Exeter, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
