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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1B, Watergate, Exeter is £161,983 and the estimated rental value is £1,014 per month.
The apartment is within 1, Watergate, Exeter, EX2.
Watergate, Exeter, EX2 is located in the borough of Exeter within the EX2 postal district.
1B, Watergate, Exeter has 21 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated July 2024.
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.
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 1B, Watergate, Exeter is in very good condition we estimate a sale value of £170,082 and a rental value of £1,064 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,644 and a rental value of £943 per month.
Over the last 12 months the sale value of 1B Watergate Exeter has increased by an estimated £2,920 (1.8%) and its rental value has increased by an estimated £36 per month (3.5%), giving an expected gross yield of 7.5%.
1B, Watergate, Exeter has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jul 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 1B, Watergate, Exeter was last sold on 25th October 2024 for £173,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2024, the market for similar properties has risen 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Watergate, Exeter within a radius of 410 metres over the last 2 years.
The most recent example is 7A, Watergate, Exeter, EX2 4DE, a leasehold flat which sold for £160,000 on the 15th August 2025.
Read more about house prices in EX2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watergate, Exeter, EX2 has a total of 16 addresses. According to our analysis of all the public data, 1B, Watergate, Exeter is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in EX2.
The closest station to 1B, Watergate, Exeter is Exeter St Thomas station which is 700 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 1B, Watergate, Exeter, 67.8% of property is socially rented and 18.3% is privately rented.
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 1B, Watergate, Exeter, 9.9% of residents are recorded as possessing school level qualifications and 24.8% 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 1B, Watergate, Exeter, the average age was 33.8 and the most common age was 22.
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 1B, Watergate, Exeter, 1.9% 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 1B, Watergate, Exeter, there are an average of 0.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.