According to the public record, 32, Raleigh Mead, South Molton is a modern freehold house with 1,044 ft2 of internal area and sits on a 90 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Raleigh Mead, South Molton, EX36 is located in the borough of North Devon within the EX36 postal district.
32, Raleigh Mead, South Molton has 2 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated June 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 32 Raleigh Mead South Molton as £240,968 and the rental value as £890 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 32 Raleigh Mead South Molton has decreased by £9,322 (3.9%) and its rental value has increased by £29 per month (3.3%).
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 32, Raleigh Mead, South Molton is in very good condition we estimate a sale value of £253,017 and rental value of £934 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,101 and a rental value of £828 per month.
If you were able to purchase this property for the estimated value of £240,968, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,184 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, 32, Raleigh Mead, South Molton sits on a plot of 90m2.
We have plot size data on 74 out of 81 other houses in the postcode and 32, Raleigh Mead, South Molton sits on the 67th largest plot.
According to HM Land Registry, 32, Raleigh Mead, South Molton was last sold on 30 Sep 2022 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Raleigh Mead, South Molton within a radius of 600 metres over the last 2 years.
The most recent example is 75, Raleigh Mead, South Molton, EX36 4BT, a Freehold house which sold for £227,500 in Jul 2024.
Read more about house prices in EX36.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raleigh Mead, South Molton, EX36 has a total of 133 addresses. According to our analysis of all the public data, 32, Raleigh Mead, South Molton is the 21st largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in EX36.
32, Raleigh Mead, South Molton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jun 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 32, Raleigh Mead, South Molton is Kings Nympton station which is 10.0 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 32, Raleigh Mead, South Molton, 38.8% of property is privately owned outright and 30.8% 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 32, Raleigh Mead, South Molton, 18.7% of residents are recorded as possessing school level qualifications and 25.5% 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 32, Raleigh Mead, 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 32, Raleigh Mead, 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 32, Raleigh Mead, South Molton, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.