Flat 2, Grasmere Court
Flat 2, Grasmere Court
Description & Estimates
The public record describes Flat 2, Grasmere Court, Exeter as a period apartment with 613 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, Grasmere Court, Exeter has an estimated sale value of £172,507 and an estimated rental value of £1,077 per month, assuming reasonable condition and based on the information available.
The apartment sits within Grasmere Court, Lakelands Drive, Exeter, EX4.
Lakelands Drive, Exeter, EX4 lies in the borough of Exeter, within the EX4 postal district.
Our Data Sources
Flat 2, Grasmere Court, Exeter has no records in the the Land Registry and a single entry in the EPC database dated November 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.
Price Range & Condition
In very good condition, we estimate Flat 2, Grasmere Court, Exeter would be worth £181,133, with a potential rental value of £1,131 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £160,432, with a rental value of £1,001 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, Grasmere Court, Exeter has risen by £2,011 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £42 (3.9%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
Flat 2, Grasmere Court, Exeter has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Nov 2024.
The property is not connected to mains gas and has full secondary glazing. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of Flat 2, Grasmere Court, Exeter across the last 2 years.
Most recently, 2 Felixwell Court, Okehampton Road, Exeter, EX4 1EP, a leasehold flat, sold at £160,000 on the 20th September 2024.
Read more about house prices in EX4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, Grasmere Court, Exeter as the 52nd largest and the 52nd most expensive of the 63 addresses on Lakelands Drive, Exeter, EX4.
Against the EX4 postcode district average, it is £133k less expensive than the typical property.
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Schools Nearby
- 200mSt Gabriel's CofE Primary School
- 500mMontgomery Primary School
- 800mSt David's CofE Primary School
- 1.8kmWest Exe School
- 3.1kmIsca Academy
- 4.1kmSt James School
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Public Transport Nearby
Exeter St David's station is the nearest stop to Flat 2, Grasmere Court, Exeter at 800 metres away.
- 800mExeter St David's
- 800mExeter St Thomas
- 1.2kmExeter Central
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
