According to the public record, 3, Richards Close, Exmouth is a mid-century freehold house and with 947 ft2 of internal area and sits on a 224 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Richards Close, Exmouth, EX8 is located in the borough of East Devon within the EX8 postal district.
3, Richards Close, Exmouth has 2 entries in the Land Registry database, most recently in June 2022 and 2 entries in the EPC database, most recently in March 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 reasonable condition, we estimate the current sale value for 3 Richards Close Exmouth as £324,599 and the rental value as £1,299 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 3 Richards Close Exmouth has decreased by £10,987 (3.4%) and its rental value has increased by £26 per month (2.0%).
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, Richards Close, Exmouth is in very good condition we estimate a sale value of £340,829 and rental value of £1,364 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,877 and a rental value of £1,208 per month.
If you were able to purchase this property for the estimated value of £324,599, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,595 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, 3, Richards Close, Exmouth sits on a plot of 224m2.
We have plot size data on 18 out of 29 other houses in the postcode and 3, Richards Close, Exmouth sits on the 7th largest plot.
According to HM Land Registry, 3, Richards Close, Exmouth was last sold on 22 Jun 2022 for £335,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Richards Close, Exmouth within a radius of 207m over the last 2 years.
The most recent example is 30, Broadmead, Exmouth, EX8 4JU, a Freehold house which sold for £360,000 in Jun 2024.
Read more about house prices in EX8.
Richards Close, Exmouth, EX8 has a total of 29 addresses. According to our analysis of all the public data, 3, Richards Close, Exmouth is the 3rd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in EX8.
3, Richards Close, Exmouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Mar 2022.
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 3, Richards Close, Exmouth is Exmouth station which is 2.5 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 3, Richards Close, Exmouth, 42.5% of property is privately owned with a mortgage and 40.9% 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, Richards Close, Exmouth, 19.4% of residents are recorded as possessing school level qualifications and 23.3% 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, Richards Close, Exmouth, the average age was 47.4 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 3, Richards Close, Exmouth, 0.9% 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, Richards Close, Exmouth, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.