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Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Millbeare Cottage, Colyton is £817,183 and its rental estimate is £1,702 per month, given the available information and assuming reasonable condition.
Farway, Colyton, EX24 falls within the EX24 postal district, in the borough of East Devon.
Millbeare Cottage, Colyton has no records in the the Land Registry and a single entry in the EPC database dated April 2017.
We combine this information with public data 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.
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 Millbeare Cottage, Colyton, we estimate a market value of £858,043 and a rental value of £1,787 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £759,981 and £1,583 per month respectively.
Over the last year, Millbeare Cottage, Colyton has seen its estimated sale value fall by £10,439 (1.3%) and its estimated rental value move up by £30 per month (1.8%). This results in an estimated gross rental yield of 2.5%.
HM Land Registry records the plot of land for Millbeare Cottage, Colyton as measuring 2,021 m2.
That makes it the 4th largest plot in the postcode, where all 5 other houses have recorded plot data.
Millbeare Cottage, Colyton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Apr 2017.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to Millbeare Cottage, Colyton have sold within a radius of 3.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2024, was Summercroft, Colyton, EX24 6EF, a freehold house which sold for £910,000.
Read more about house prices in EX24.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 199 addresses on Farway, Colyton, EX24, Millbeare Cottage, Colyton comes out as the 88th largest and the 40th most expensive in our analysis of the public data.
It is also £456k more expensive than the average property across the EX24 district.
From Millbeare Cottage, Colyton, the nearest station is Honiton, 3.5 kilometres away.
The flood risk here is rated high, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Millbeare Cottage, Colyton, 57.6% of property is privately owned outright and 21.7% 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 Millbeare Cottage, Colyton, 11.2% of residents are recorded as possessing school level qualifications and 35.8% 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 Millbeare Cottage, Colyton, the average age was 52.1 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 Millbeare Cottage, Colyton, 0.4% 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 Millbeare Cottage, Colyton, there are an average of 2.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.