According to the public record, 16 Pilot Wharf, Pierhead, Exmouth is a modern Leasehold apartment and with 584 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Pierhead, Exmouth, EX8 is located in the borough of East Devon within the EX8 postal district.
16 Pilot Wharf, Pierhead, Exmouth has 21 entries in the Land Registry database, most recently in May 2010 and a single entry in the EPC database dated October 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Pilot Wharf Pierhead Exmouth as £334,830 and the rental value as £1,113 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 16 Pilot Wharf Pierhead Exmouth has decreased by £4,238 (1.3%) and its rental value has increased by £47 per month (4.2%).
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 16 Pilot Wharf, Pierhead, Exmouth is in very good condition we estimate a sale value of £351,572 and rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,392 and a rental value of £1,035 per month.
If you were able to purchase this property for the estimated value of £334,830, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,646 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 16 Pilot Wharf, Pierhead, Exmouth was last sold on 28 May 2010 for £222,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2010, the market for similar properties has risen 44.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16 Pilot Wharf, Pierhead, Exmouth within a radius of 111m over the last 2 years.
The most recent example is 29 The Moorings, Victoria Road, Exmouth, EX8 1DY, a Leasehold flat which sold for £375,000 in Dec 2023.
Read more about house prices in EX8.
Pierhead, Exmouth, EX8 has a total of 32 addresses. According to our analysis of all the public data, 16 Pilot Wharf, Pierhead, Exmouth is the 30th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in EX8.
16 Pilot Wharf, Pierhead, Exmouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16 Pilot Wharf, Pierhead, Exmouth is Exmouth station which is 800 m 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 16 Pilot Wharf, Pierhead, Exmouth, 47.1% of property is privately rented and 36.4% is privately owned outright.
The graph below shows how this compares to Greater London 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 16 Pilot Wharf, Pierhead, Exmouth, 9.7% of residents are recorded as possessing school level qualifications and 36.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16 Pilot Wharf, Pierhead, Exmouth, the average age was 43.2 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 16 Pilot Wharf, Pierhead, Exmouth, 2.7% 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 16 Pilot Wharf, Pierhead, Exmouth, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.