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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Gorse Hollow is a mid-century freehold house with 2,809 ft2 of internal area and sits on a 738 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Gorse Hollow is £590,093 and the estimated rental value is £2,366 per month.
Bude, EX23 is located within the EX23 postal district.
Gorse Hollow has 41 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated February 2018.
We combine this information with that 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 Gorse Hollow is in very good condition we estimate a sale value of £619,597 and a rental value of £2,485 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £548,786 and a rental value of £2,201 per month.
Over the last 12 months the sale value of Gorse Hollow has decreased by an estimated £7,785 (1.3%) and its rental value has increased by an estimated £57 per month (2.4%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, Gorse Hollow sits on a plot of 738m2.
We have plot size data on 3 out of 3 other houses in the postcode and Gorse Hollow sits on the 3rd largest plot.
Gorse Hollow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Feb 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Gorse Hollow was last sold on 12th October 2017 for £465,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since October 2017, the market for similar properties has risen 49.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Gorse Hollow within a radius of 1.3 kilometres over the last 2 years.
The most recent example is Walnut Cottage, Diddies Road, Bude, EX23 9DW, a freehold house which sold for £673,500 on the 15th August 2023.
Read more about house prices in EX23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bude, EX23 has a total of 70 addresses. According to our analysis of all the public data, Gorse Hollow is the largest and the 16th most expensive property on the street.
When compared to the postcode district it is £206k more expensive than the average property in EX23.
The closest station to Gorse Hollow is Okehampton station which is 38.2 kilometres away.
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 Gorse Hollow, 45.3% of property is privately owned outright and 30.8% is privately owned with a mortgage.
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 Gorse Hollow, 17.0% of residents are recorded as possessing school level qualifications and 38.2% 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 Gorse Hollow, 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 Gorse Hollow, 3.7% 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 Gorse Hollow, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
