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In this area, apartments of this size normally have 3 bedrooms.
56B, New Street, Torrington has an estimated sale value of £90,438 and an estimated rental value of £405 per month, assuming reasonable condition and based on the information available.
The apartment sits within 56, New Street, Torrington, EX38.
New Street, Torrington, EX38 lies in the borough of Torridge, within the EX38 postal district.
56B, New Street, Torrington has no records in the the Land Registry and a single entry in the EPC database dated August 2021.
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.
In very good condition, we estimate 56B, New Street, Torrington would be worth £94,960, with a potential rental value of £425 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £84,108, with a rental value of £377 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 56B, New Street, Torrington has increased by £1,104 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £21 (5.3%). The property's estimated gross yield is currently 5.4%.
56B, New Street, Torrington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Aug 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 940 metres of 56B, New Street, Torrington across the last 2 years.
Most recently, 3 Old Inn Mews, Well Street, Torrington, EX38 8EP, a leasehold flat, sold at £118,000 on the 26th November 2013.
Read more about house prices in EX38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 56B, New Street, Torrington as the 143rd largest and the 197th most expensive of the 218 addresses on New Street, Torrington, EX38.
Against the EX38 postcode district average, it is £214k less expensive than the typical property.
Chapelton (Devon) station is the nearest stop to 56B, New Street, Torrington at 11.1 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 56B, New Street, Torrington, 46.3% of property is privately owned outright and 30.6% 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 56B, New Street, Torrington, 9.7% of residents are recorded as possessing school level qualifications and 30.3% 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 56B, New Street, Torrington, the average age was 44.4 and the most common age was 52.
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 56B, New Street, Torrington, 0.7% 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 56B, New Street, Torrington, 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.