Flat 5, Morwenna House 4-6
Flat 5, Morwenna House 4-6
Description & Estimates
Flat 5, Morwenna House 4-6, Bude is recorded publicly as a modern leasehold apartment across 893 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 5, Morwenna House 4-6, Bude is £321,190 and its rental estimate is £1,180 per month, given the available information and assuming reasonable condition.
Morwenna House, Summerleaze Crescent is a residential building on Summerleaze Crescent, Bude, EX23 and falls within the EX23 postal district.
Our Data Sources
Flat 5, Morwenna House 4-6, Bude has 21 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 5, Morwenna House 4-6, Bude, we estimate a market value of £337,250 and a rental value of £1,239 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £298,707 and £1,098 per month respectively.
Recent Market Change
Over the last year, Flat 5, Morwenna House 4-6, Bude has seen its estimated sale value increase by £5,721 (1.8%) and its estimated rental value grow by £83 per month (7.0%). This results in an estimated gross rental yield of 4.4%.
Energy Efficiency
Flat 5, Morwenna House 4-6, Bude has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jun 2020.
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 5, Morwenna House 4-6, Bude completed on 1st November 2021 at £385,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 58.0% over the period since November 2021.
- Sold Nov 2021£385,000
- Sold Dec 2006£285,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, Morwenna House 4-6, Bude have sold within a radius of 850 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th March 2022, was Sara, Lower Wharf Centre, The Wharf, Bude, EX23 8LG, a leasehold flat which sold for £10,000.
Read more about house prices in EX23.
- Sold Mar 2022£10,000 | 3 Bed FlatLower Wharf Centre, The WharfSara, Lower Wharf Centre, The Wharf, Bude, EX23 8LG
- Sold Sep 2017£244,000 | 2 Bed FlatMorwenna House 4-6, Summerleaze CrescentFlat 8, Morwenna House 4-6, Summerleaze Crescent, Bude, EX23 8HE
- Sold Sep 2012£185,000 | 3 Bed FlatMorwenna House 4-6, Summerleaze CrescentFlat 2, Morwenna House 4-6, Summerleaze Crescent, Bude, EX23 8HE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 73 addresses on Summerleaze Crescent, Bude, EX23, Flat 5, Morwenna House 4-6, Bude comes out as the 28th largest and the 20th most expensive in our analysis of the public data.
It is also £65k less expensive than the average property across the EX23 district.
More reading links
Schools Nearby
- 700mBude Primary Academy - Infants
- 900mBude Primary Academy - Juniors
- 1.8kmStratton Primary School
- 1.0kmBudehaven Community School
- 13.6kmHolsworthy Community College
- 22.0kmAtlantic Academy
More reading links
Public Transport Nearby
From Flat 5, Morwenna House 4-6, Bude, the nearest station is Okehampton, 40.2 kilometres away.
- 40.2kmOkehampton
- 42.0kmChapelton (Devon)
- 42.0kmGunnislake
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
