Velhay, Tiverton
Velhay, Tiverton
Description & Estimates
Public records show Velhay, Tiverton to be a mid-century freehold house with 1,216 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
Velhay, Tiverton has an estimated sale value of £763,059 and an estimated rental value of £2,200 per month, assuming reasonable condition and based on the information available.
Burlescombe, Tiverton, EX16 lies in the borough of Mid Devon, within the EX16 postal district.
Our Data Sources
Velhay, Tiverton has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated September 2021.
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.
Price Range & Condition
In very good condition, we estimate Velhay, Tiverton would be worth £801,212, with a potential rental value of £2,310 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £709,645, with a rental value of £2,046 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Velhay, Tiverton has climbed by £2,592 (0.3%) over the last year. During the same period, its estimated monthly rental value has risen by £75 (3.4%). The property's estimated gross yield is currently 3.5%.
Energy Efficiency
Velhay, Tiverton has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
Velhay, Tiverton last changed hands on 28th October 2022, selling for £795,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 14.8% since October 2022.
- Sold Oct 2022£795,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.7 kilometres of Velhay, Tiverton across the last 2 years.
Most recently, Radford House, Cullompton, EX15 3JL, a freehold house, sold at £515,000 on the 31st October 2017.
Read more about house prices in EX16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Velhay, Tiverton as the 97th largest and the 11th most expensive of the 180 addresses on Burlescombe, Tiverton, EX16.
Against the EX16 postcode district average, it is £438k more expensive than the typical property.
More reading links
Schools Nearby
- 900mBurlescombe Church of England Primary School
- 3.2kmWebber's Church of England Primary School
- 3.3kmUffculme Primary School
- 3.4kmUffculme School
- 7.4kmCourt Fields School
- 10.8kmCullompton Community College
More reading links
Public Transport Nearby
Tiverton Parkway station is the nearest stop to Velhay, Tiverton at 3.5 kilometres away.
- 3.5kmTiverton Parkway
- 16.9kmFeniton
- 18.1kmTaunton
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
