Flat 3, Cornmill House
Flat 3, Cornmill House
Description & Estimates
According to the public record, Flat 3, Cornmill House, Tiverton is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, Cornmill House, Tiverton is £200,352 and the estimated rental value is £819 per month.
The apartment is within Cornmill House, Old Mill Close, Tiverton, EX16.
Old Mill Close, Tiverton, EX16 is located in the borough of Mid Devon within the EX16 postal district.
Our Data Sources
Flat 3, Cornmill House, Tiverton has 3 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated August 2019.
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
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, Cornmill House, Tiverton is in very good condition we estimate a sale value of £210,370 and a rental value of £860 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,328 and a rental value of £761 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, Cornmill House, Tiverton has increased by £1,896 (0.9%), while its estimated rental value has grown by £31 per month (3.8%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Energy Efficiency
Flat 3, Cornmill House, Tiverton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 3, Cornmill House, Tiverton was last sold on 25th March 2021 for £190,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2021, the market for similar properties has risen by 13.1%.
- Sold Mar 2021£190,000
- Sold Feb 2020£185,000
- Sold Aug 2010£170,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Cornmill House, Tiverton within a radius of 610 metres over the last 2 years.
The most recent example is Flat 2, Cornmill House, Old Mill Close, Tiverton, EX16 6FN, a leasehold flat which sold for £225,000 on the 13th October 2022.
Read more about house prices in EX16.
- Sold Oct 2022£225,000 | 2 Bed FlatCornmill House, Old Mill CloseFlat 2, Cornmill House, Old Mill Close, Tiverton, EX16 6FN
- Sold Feb 2022£180,000 | 2 Bed FlatBeck's Square8 Becks Place, Beck's Square, Tiverton, EX16 6PJ
- Sold Sep 2011£161,000 | 2 Bed FlatCornmill House, Old Mill CloseFlat 6, Cornmill House, Old Mill Close, Tiverton, EX16 6FN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Old Mill Close, Tiverton, EX16 has a total of 23 addresses. According to our analysis of all the public data, Flat 3, Cornmill House, Tiverton is the 14th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in EX16.
More reading links
Schools Nearby
- 500mHeathcoat Primary School
- 700mCastle Primary School
- 800mSt John's Catholic Primary School
- 1.3kmTiverton High School
- 8.5kmCullompton Community College
- 10.9kmUffculme School
More reading links
Public Transport Nearby
The closest station to Flat 3, Cornmill House, Tiverton is Tiverton Parkway station, which is 9.2 kilometres away.
- 9.2kmTiverton Parkway
- 15.2kmNewton St Cyres
- 17.1kmCrediton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
