Flat 2, 8
Flat 2, 8
Description & Estimates
Flat 2, 8, Park Road, Exmouth is recorded publicly as a period leasehold apartment across 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 8, Park Road, Exmouth is £177,703 and its rental estimate is £981 per month, given the available information and assuming reasonable condition.
8, Park Road is a residential building on Park Road, Exmouth, EX8 and falls within the EX8 postal district and the borough of East Devon.
Our Data Sources
Flat 2, 8, Park Road, Exmouth has 61 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 8, Park Road, Exmouth, we estimate a market value of £186,588 and a rental value of £1,030 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,264 and £912 per month respectively.
Recent Market Change
Over the last year, Flat 2, 8, Park Road, Exmouth has seen its estimated sale value grow by £584 (0.3%) and its estimated rental value climb by £35 per month (3.6%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
Flat 2, 8, Park Road, Exmouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 8, Park Road, Exmouth completed on 14th July 2023 at £181,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 6 times.
Values of comparable properties have dropped by 5.8% over the period since July 2023.
- Sold Jul 2023£181,000
- Sold May 2021£157,500
- Sold Nov 2018£145,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 8, Park Road, Exmouth have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was Flat 1, 49, Egremont Road, Exmouth, EX8 1SA, a leasehold flat which sold for £185,000.
Read more about house prices in EX8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 63 addresses on Park Road, Exmouth, EX8, Flat 2, 8, Park Road, Exmouth comes out as the 46th largest and the 48th most expensive in our analysis of the public data.
It is also £176k less expensive than the average property across the EX8 district.
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Schools Nearby
- 400mExeter Road Community Primary School
- 700mSt Joseph's Catholic Primary School, Exmouth
- 900mThe Beacon Church of England (VA) Primary School
- 300mExmouth Community College
- 5.9kmDawlish College
- 10.4kmTeignmouth Community School, Exeter Road
More reading links
Public Transport Nearby
From Flat 2, 8, Park Road, Exmouth, the nearest station is Exmouth, 600 metres away.
- 600mExmouth
- 2.7kmStarcross
- 3.0kmLympstone Village
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
