According to the public record, 2 Townsend Cottages, Umberleigh is a period freehold house and with 957 ft2 of internal area and sits on a 88 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chittlehampton, Umberleigh, EX37 is located in the borough of North Devon within the EX37 postal district.
2 Townsend Cottages, Umberleigh has a single entry in the Land Registry database from February 2023 and no records in the EPC database.
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 2 Townsend Cottages Umberleigh as £235,680 and the rental value as £942 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 Townsend Cottages Umberleigh has decreased by £10,272 (4.4%) and its rental value has increased by £26 per month (2.7%).
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 2 Townsend Cottages, Umberleigh is in very good condition we estimate a sale value of £247,464 and rental value of £989 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,182 and a rental value of £876 per month.
If you were able to purchase this property for the estimated value of £235,680, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,158 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 data from HM Land Registry, 2 Townsend Cottages, Umberleigh sits on a plot of 88m2.
We have plot size data on 9 out of 14 other houses in the postcode and 2 Townsend Cottages, Umberleigh sits on the 8th largest plot.
According to HM Land Registry, 2 Townsend Cottages, Umberleigh was last sold on 03 Feb 2023 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has dropped 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Townsend Cottages, Umberleigh within a radius of 284m over the last 2 years.
The most recent example is 1 Townsend Cottages, Umberleigh, EX37 9PU, a Freehold house which sold for £188,000 in Aug 2023.
Read more about house prices in EX37.
Chittlehampton, Umberleigh, EX37 has a total of 224 addresses. According to our analysis of all the public data, 2 Townsend Cottages, Umberleigh is the 174th largest and the 185th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in EX37.
2 Townsend Cottages, Umberleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 2 Townsend Cottages, Umberleigh is Umberleigh station which is 2.8 km 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 2 Townsend Cottages, Umberleigh, 46.7% of property is privately owned outright and 19.6% is privately owned with a mortgage.
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 2 Townsend Cottages, Umberleigh, 13.4% of residents are recorded as possessing school level qualifications and 31.3% 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 2 Townsend Cottages, Umberleigh, 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 2 Townsend Cottages, Umberleigh, 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 2 Townsend Cottages, Umberleigh, 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.