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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2B, Veale Close, Okehampton is £116,535 and the estimated rental value is £464 per month.
The apartment is within 2, Veale Close, Hatherleigh, Okehampton, EX20.
Veale Close, Hatherleigh, Okehampton, EX20 is located in the borough of West Devon within the EX20 postal district.
2B, Veale Close, Okehampton has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2024.
We combine this information with public data 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 2B, Veale Close, Okehampton is in very good condition we estimate a sale value of £122,362 and a rental value of £487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,378 and a rental value of £432 per month.
Over the last 12 months the sale value of 2B Veale Close Okehampton has increased by an estimated £706 (0.6%) and its rental value has increased by an estimated £20 per month (4.4%), giving an expected gross yield of 4.8%.
2B, Veale Close, Okehampton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 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, 2B, Veale Close, Okehampton was last sold on 12th October 2001 for £35,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2B, Veale Close, Okehampton within a radius of 6.0 kilometres over the last 2 years.
The most recent example is 4A, Veale Close, Okehampton, EX20 3NB, a leasehold flat which sold for £94,000 on the 17th November 2020.
Read more about house prices in EX20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Veale Close, Hatherleigh, Okehampton, EX20 has a total of 16 addresses. According to our analysis of all the public data, 2B, Veale Close, Okehampton is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in EX20.
The closest station to 2B, Veale Close, Okehampton is Okehampton station which is 10.6 kilometres 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 2B, Veale Close, Okehampton, 31.8% of property is socially rented and 28.7% 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 2B, Veale Close, Okehampton, 18.8% of residents are recorded as possessing school level qualifications and 16.7% 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 2B, Veale Close, Okehampton, the average age was 44.7 and the most common age was 57.
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 2B, Veale Close, Okehampton, 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 2B, Veale Close, Okehampton, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.