Flat 9, Gorse House
Flat 9, Gorse House
Description & Estimates
Flat 9, Gorse House, Exeter is recorded publicly as a modern leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 9, Gorse House, Exeter is £159,032 and its rental estimate is £1,024 per month, given the available information and assuming reasonable condition.
Gorse House, Medley Court is a residential building on Medley Court, Exeter, EX4 and falls within the EX4 postal district and the borough of Exeter.
Our Data Sources
Flat 9, Gorse House, Exeter has 2 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated October 2018.
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 9, Gorse House, Exeter, we estimate a market value of £166,984 and a rental value of £1,075 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £147,900 and £952 per month respectively.
Recent Market Change
Over the last year, Flat 9, Gorse House, Exeter has seen its estimated sale value climb by £1,854 (1.2%) and its estimated rental value rise by £40 per month (3.9%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
Flat 9, Gorse House, Exeter has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2018.
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 9, Gorse House, Exeter completed on 31st January 2023 at £165,000 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 1.9% over the period since January 2023.
- Sold Jan 2023£165,000
- Sold Apr 2010£125,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 9, Gorse House, Exeter have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2023, was Flat 6, Gorse House, Medley Court, Exeter, EX4 2QJ, a leasehold flat which sold for £170,000.
Read more about house prices in EX4.
- Sold May 2023£170,000 | 2 Bed FlatFlat 6, Gorse House, Medley Court, Exeter, EX4 2QJFlat 6, Gorse House, Medley Court, Exeter, EX4 2QJ
- Sold Mar 2022£156,000 | 2 Bed FlatFlat 8, Gorse House, Medley Court, Exeter, EX4 2QJFlat 8, Gorse House, Medley Court, Exeter, EX4 2QJ
- Sold Oct 2021£143,000 | 2 Bed FlatFlat 11, Gorse House, Medley Court, Exeter, EX4 2QJFlat 11, Gorse House, Medley Court, Exeter, EX4 2QJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 62 addresses on Medley Court, Exeter, EX4, Flat 9, Gorse House, Exeter comes out as the 47th largest and the 43rd most expensive in our analysis of the public data.
It is also £147k less expensive than the average property across the EX4 district.
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Schools Nearby
- 200mExwick Heights Primary School
- 1.2kmSt Gabriel's CofE Primary School
- 1.6kmSt David's CofE Primary School
- 3.0kmWest Exe School
- 4.3kmIsca Academy
- 4.5kmSt James School
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Public Transport Nearby
From Flat 9, Gorse House, Exeter, the nearest station is Exeter St David's, 1.0 kilometres away.
- 1.0kmExeter St David's
- 1.8kmExeter Central
- 2.1kmExeter St Thomas
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
