According to the public record, Apartment 19, Cleave Point, Barnstaple is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 778 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cleave Point, Cleave Road, Sticklepath, Barnstaple, EX31.
Cleave Road, Sticklepath, Barnstaple, EX31 is located in the borough of North Devon within the EX31 postal district.
Apartment 19, Cleave Point, Barnstaple has a single entry in the Land Registry database from December 2007 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 Apartment 19 Cleave Point Barnstaple as £264,381 and the rental value as £799 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Apartment 19 Cleave Point Barnstaple has decreased by £13,344 (5.0%) and its rental value has increased by £14 per month (1.8%).
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 Apartment 19, Cleave Point, Barnstaple is in very good condition we estimate a sale value of £277,600 and rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,875 and a rental value of £743 per month.
If you were able to purchase this property for the estimated value of £264,381, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,299 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, Apartment 19, Cleave Point, Barnstaple was last sold on 10 Dec 2007 for £235,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 19, Cleave Point, Barnstaple within a radius of 960 metres over the last 2 years.
The most recent example is Apartment 16, Cleave Point, Cleave Road, Barnstaple, EX31 2AT, a Leasehold flat which sold for £242,500 in Jun 2019.
Read more about house prices in EX31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cleave Road, Sticklepath, Barnstaple, EX31 has a total of 58 addresses. According to our analysis of all the public data, Apartment 19, Cleave Point, Barnstaple is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £78k less expensive than the average property in EX31.
The closest station to Apartment 19, Cleave Point, Barnstaple is Barnstaple station which is 500 metres 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 Apartment 19, Cleave Point, Barnstaple, 59.0% of property is privately owned outright and 30.4% 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 Apartment 19, Cleave Point, Barnstaple, 11.0% of residents are recorded as possessing school level qualifications and 25.0% 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 Apartment 19, Cleave Point, Barnstaple, the average age was 47.8 and the most common age was 57.
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 Apartment 19, Cleave Point, Barnstaple, 2.0% 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 Apartment 19, Cleave Point, Barnstaple, 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.