According to the public record, 38, East Street, South Molton is a period freehold house and with 2,734 ft2 of internal area and sits on a 619 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
East Street, South Molton, EX36 is located in the borough of North Devon within the EX36 postal district.
38, East Street, South Molton has a single entry in the Land Registry database from December 2017 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 38 East Street South Molton as £398,527 and the rental value as £1,378 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 38 East Street South Molton has decreased by £24,438 (6.1%) and its rental value has increased by £12 per month (0.8%).
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 38, East Street, South Molton is in very good condition we estimate a sale value of £418,454 and rental value of £1,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,630 and a rental value of £1,282 per month.
If you were able to purchase this property for the estimated value of £398,527, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,959 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, 38, East Street, South Molton sits on a plot of 619m2.
We have plot size data on 19 out of 28 other houses in the postcode and 38, East Street, South Molton sits on the largest plot.
According to HM Land Registry, 38, East Street, South Molton was last sold on 21 Dec 2017 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 17.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, East Street, South Molton within a radius of 645m over the last 2 years.
The most recent example is 42, South Street, South Molton, EX36 4AE, a Freehold house which sold for £480,000 in Feb 2021.
Read more about house prices in EX36.
East Street, South Molton, EX36 has a total of 148 addresses. According to our analysis of all the public data, 38, East Street, South Molton is the 5th largest and the most expensive property on the street.
When compared to the postcode district it is £122k more expensive than the average property in EX36.
38, East Street, South Molton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 08 Oct 2014.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 38, East Street, South Molton is Kings Nympton station which is 10.6 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 38, East Street, South Molton, 48.3% of property is privately owned outright and 26.9% 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 38, East Street, South Molton, 13.5% of residents are recorded as possessing school level qualifications and 22.5% 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 38, East 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 38, East Street, South Molton, 0.5% 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 38, East Street, South Molton, 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.