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According to the public record, Flat 18, River Meadows, Exeter is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 18, River Meadows, Exeter is £183,351 and the estimated rental value is £1,061 per month.
The apartment is within River Meadows, Water Lane, Exeter, EX2.
Water Lane, Exeter, EX2 is located in the borough of Exeter within the EX2 postal district.
Flat 18, River Meadows, Exeter has 31 entries in the Land Registry , most recently in October 2013 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 18, River Meadows, Exeter is in very good condition we estimate a sale value of £192,519 and a rental value of £1,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £170,517 and a rental value of £986 per month.
Over the last 12 months the sale value of Flat 18 River Meadows Exeter has increased by an estimated £3,306 (1.8%) and its rental value has increased by an estimated £38 per month (3.5%), giving an expected gross yield of 6.9%.
Flat 18, River Meadows, Exeter has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 18, River Meadows, Exeter was last sold on 29th October 2013 for £138,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2013, the market for similar properties has risen 32.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, River Meadows, Exeter within a radius of 720 metres over the last 2 years.
The most recent example is Flat 50, River Meadows, Water Lane, Exeter, EX2 8BD, a leasehold flat which sold for £200,500 on the 19th June 2024.
Read more about house prices in EX2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Water Lane, Exeter, EX2 has a total of 178 addresses. According to our analysis of all the public data, Flat 18, River Meadows, Exeter is the 117th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in EX2.
The closest station to Flat 18, River Meadows, Exeter is Marsh Barton station which is 700 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 18, River Meadows, Exeter, 56.8% of property is privately rented and 20.0% 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 18, River Meadows, Exeter, 9.1% of residents are recorded as possessing school level qualifications and 48.7% 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 Flat 18, River Meadows, Exeter, the average age was 43.8 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 Flat 18, River Meadows, Exeter, 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 18, River Meadows, Exeter, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.