According to the public record, 2, Redside Terrace, Exeter is a early-century freehold house and with 882 ft2 of internal area and sits on a 385 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Redside Terrace, Cowley, Exeter, EX5 is located in the borough of East Devon within the EX5 postal district.
2, Redside Terrace, Exeter has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated January 2023.
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 Redside Terrace Exeter as £234,116 and the rental value as £1,074 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 2 Redside Terrace Exeter has decreased by £6,139 (2.6%) and its rental value has increased by £30 per month (2.8%).
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, Redside Terrace, Exeter is in very good condition we estimate a sale value of £245,821 and rental value of £1,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,728 and a rental value of £999 per month.
If you were able to purchase this property for the estimated value of £234,116, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,151 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, Redside Terrace, Exeter sits on a plot of 385m2.
We have plot size data on 3 out of 4 other houses in the postcode and 2, Redside Terrace, Exeter sits on the 3rd largest plot.
According to HM Land Registry, 2, Redside Terrace, Exeter was last sold on 24 Mar 2023 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Redside Terrace, Exeter within a radius of 79m over the last 2 years.
The most recent example is 6 Turlake Mews, Three Horse Shoes, Exeter, EX5 5ER, a Freehold house which sold for £214,000 in Jul 2018.
Read more about house prices in EX5.
Redside Terrace, Cowley, Exeter, EX5 has a total of 7 addresses. According to our analysis of all the public data, 2, Redside Terrace, Exeter is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in EX5.
2, Redside Terrace, Exeter has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2023.
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 2, Redside Terrace, Exeter is Exeter St David's station which is 3.0 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, Redside Terrace, Exeter, 46.2% of property is privately owned outright and 31.1% is privately rented.
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, Redside Terrace, Exeter, 12.2% of residents are recorded as possessing school level qualifications and 43.8% 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, Redside Terrace, Exeter, the average age was 46.7 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 2, Redside Terrace, Exeter, 1.3% 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, Redside Terrace, Exeter, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.