According to the public record, 17, Carder Way, South Molton is a modern freehold house with 1,313 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Carder Way, South Molton, EX36 is located in the borough of North Devon within the EX36 postal district.
17, Carder Way, South Molton has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated July 2022.
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 good condition, we estimate the current sale value for 17 Carder Way South Molton as £403,204 and the rental value as £1,057 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 17 Carder Way South Molton has decreased by £23,803 (5.9%) and its rental value has increased by £11 per month (1.1%).
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 17, Carder Way, South Molton is in very good condition we estimate a sale value of £423,364 and rental value of £1,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,979 and a rental value of £983 per month.
If you were able to purchase this property for the estimated value of £403,204, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,982 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, 17, Carder Way, South Molton was last sold on 26 Aug 2022 for £389,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Carder Way, South Molton within a radius of 870 metres over the last 2 years.
The most recent example is 15, Carder Way, South Molton, EX36 3FT, a Freehold house which sold for £404,995 in Oct 2022.
Read more about house prices in EX36.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carder Way, South Molton, EX36 has a total of 29 addresses. According to our analysis of all the public data, 17, Carder Way, South Molton is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in EX36.
17, Carder Way, South Molton has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jul 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 17, Carder Way, South Molton is Umberleigh station which is 10.4 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 17, Carder Way, South Molton, 41.0% of property is privately rented and 27.1% 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 17, Carder Way, South Molton, 13.6% of residents are recorded as possessing school level qualifications and 24.2% 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 17, Carder Way, South Molton, the average age was 45.2 and the most common age was 62.
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 17, Carder Way, South Molton, 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 17, Carder Way, South Molton, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.