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According to the public record, Flat 1, 2, Major Terrace, Seaton is a period leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 2, Major Terrace, Seaton is £90,705 and the estimated rental value is £579 per month.
The apartment is within 2, Major Terrace, Seaton, EX12.
Major Terrace, Seaton, EX12 is located in the borough of East Devon within the EX12 postal district.
Flat 1, 2, Major Terrace, Seaton has 2 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Flat 1, 2, Major Terrace, Seaton is in very good condition we estimate a sale value of £95,240 and a rental value of £608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £84,355 and a rental value of £539 per month.
Over the last 12 months the sale value of Flat 1 2 Major Terrace Seaton has increased by an estimated £672 (0.7%) and its rental value has increased by an estimated £28 per month (4.8%), giving an expected gross yield of 7.7%.
Flat 1, 2, Major Terrace, Seaton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, Flat 1, 2, Major Terrace, Seaton was last sold on 20th September 2022 for £71,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2022, the market for similar properties has risen 45.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, Major Terrace, Seaton within a radius of 550 metres over the last 2 years.
The most recent example is 19-21, Fore Street, Seaton, EX12 2LE, a leasehold flat which sold for £450,000 on the 17th May 2023.
Read more about house prices in EX12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Major Terrace, Seaton, EX12 has a total of 13 addresses. According to our analysis of all the public data, Flat 1, 2, Major Terrace, Seaton is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £268k less expensive than the average property in EX12.
The closest station to Flat 1, 2, Major Terrace, Seaton is Axminster station which is 9.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 2, Major Terrace, Seaton, 38.3% of property is privately owned outright and 30.5% is privately owned with a mortgage.
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 Flat 1, 2, Major Terrace, Seaton, 13.7% of residents are recorded as possessing school level qualifications and 30.2% 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 Flat 1, 2, Major Terrace, Seaton, the average age was 55.1 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 Flat 1, 2, Major Terrace, Seaton, 1.5% 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 Flat 1, 2, Major Terrace, Seaton, 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.