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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 3, 3, Maer Down, Bude is £222,808 and the estimated rental value is £955 per month.
The apartment is within 3, Maer Down, Bude, EX23.
Maer Down, Bude, EX23 is located within the EX23 postal district.
Flat 3, 3, Maer Down, Bude has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
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.
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 3, 3, Maer Down, Bude is in very good condition we estimate a sale value of £233,949 and a rental value of £1,003 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,212 and a rental value of £888 per month.
Over the last 12 months the sale value of Flat 3 3 Maer Down Bude has increased by an estimated £2,746 (1.2%) and its rental value has increased by an estimated £52 per month (5.4%), giving an expected gross yield of 5.1%.
Flat 3, 3, Maer Down, Bude has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 3, Maer Down, Bude within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Flat 3, 26, Downs View, Bude, EX23 8RG, a leasehold flat which sold for £247,329 on the 22nd July 2022.
Read more about house prices in EX23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Maer Down, Bude, EX23 has a total of 53 addresses. According to our analysis of all the public data, Flat 3, 3, Maer Down, Bude is the 24th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in EX23.
The closest station to Flat 3, 3, Maer Down, Bude is Okehampton station which is 40.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 3, 3, Maer Down, Bude, 51.3% of property is privately owned outright and 37.2% 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 Flat 3, 3, Maer Down, Bude, 15.1% of residents are recorded as possessing school level qualifications and 31.5% 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 3, 3, Maer Down, Bude, the average age was 46.3 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 3, 3, Maer Down, Bude, 1.0% 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 3, 3, Maer Down, Bude, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
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