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According to the public record, Lower Ridgeway House, Honiton is a early-century leasehold apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Lower Ridgeway House, Honiton is £297,214 and the estimated rental value is £961 per month.
Exeter Road, Honiton, EX14 is located in the borough of East Devon within the EX14 postal district.
Lower Ridgeway House, Honiton has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated December 2012.
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 Lower Ridgeway House, Honiton is in very good condition we estimate a sale value of £312,074 and a rental value of £1,010 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,409 and a rental value of £894 per month.
Over the last 12 months the sale value of Lower Ridgeway House Honiton has increased by an estimated £7,004 (2.4%) and its rental value has increased by an estimated £55 per month (5.7%), giving an expected gross yield of 3.9%.
Lower Ridgeway House, Honiton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 11 Dec 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Lower Ridgeway House, Honiton was last sold on 10th September 2015 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2015, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Lower Ridgeway House, Honiton within a radius of 530 metres over the last 2 years.
The most recent example is Upper Ridgeway House, Exeter Road, Honiton, EX14 1AL, a leasehold flat which sold for £230,000 on the 31st March 2017.
Read more about house prices in EX14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Exeter Road, Honiton, EX14 has a total of 62 addresses. According to our analysis of all the public data, Lower Ridgeway House, Honiton is the 53rd largest and the 60th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in EX14.
The closest station to Lower Ridgeway House, Honiton is Honiton station which is 800 metres 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 Lower Ridgeway House, Honiton, 52.9% of property is privately owned outright and 27.7% 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 Lower Ridgeway House, Honiton, 13.3% of residents are recorded as possessing school level qualifications and 29.0% 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 Lower Ridgeway House, Honiton, the average age was 46.4 and the most common age was 52.
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 Lower Ridgeway House, Honiton, 0.0% 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 Lower Ridgeway House, Honiton, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.