According to the public record, 3, Queen Street, South Molton is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 789 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Queen Street, South Molton, EX36 is located in the borough of North Devon within the EX36 postal district.
3, Queen Street, South Molton has a single entry in the Land Registry database from May 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 3 Queen Street South Molton as £160,854 and the rental value as £664 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 3 Queen Street South Molton has decreased by £6,951 (4.3%) and its rental value has increased by £19 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 3, Queen Street, South Molton is in very good condition we estimate a sale value of £168,897 and rental value of £697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,594 and a rental value of £617 per month.
If you were able to purchase this property for the estimated value of £160,854, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £791 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, 3, Queen Street, South Molton was last sold on 18 May 2012 for £155,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 34.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Queen Street, South Molton within a radius of 560 metres over the last 2 years.
The most recent example is 19, Barnstaple Street, South Molton, EX36 3BQ, a Freehold house which sold for £137,000 in Mar 2022.
Read more about house prices in EX36.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queen Street, South Molton, EX36 has a total of 18 addresses. According to our analysis of all the public data, 3, Queen Street, South Molton is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in EX36.
The closest station to 3, Queen Street, South Molton is Kings Nympton station which is 10.3 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 3, Queen Street, South Molton, 68.7% of property is privately rented and 16.9% 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 3, Queen Street, South Molton, 14.1% of residents are recorded as possessing school level qualifications and 28.3% 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 3, Queen Street, 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 3, Queen Street, 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 3, Queen Street, South Molton, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.