According to the public record, Apartment 21, Cleave Point, Barnstaple is a modern leasehold apartment with 577 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
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 21, Cleave Point, Barnstaple has 2 entries in the Land Registry database, most recently in February 2009 and a single entry in the EPC database dated May 2010.
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 Apartment 21 Cleave Point Barnstaple as £223,504 and the rental value as £729 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of Apartment 21 Cleave Point Barnstaple has decreased by £11,281 (5.0%) and its rental value has increased by £13 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 21, Cleave Point, Barnstaple is in very good condition we estimate a sale value of £234,679 and rental value of £765 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £207,859 and a rental value of £678 per month.
If you were able to purchase this property for the estimated value of £223,504, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,098 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 21, Cleave Point, Barnstaple was last sold on 20 Feb 2009 for £145,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2009, the market for similar properties has risen 35.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 21, Cleave Point, Barnstaple within a radius of 960 metres over the last 2 years.
The most recent example is Apartment 24, Cleave Point, Cleave Road, Barnstaple, EX31 2AT, a Leasehold flat which sold for £175,000 in Jul 2021.
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 21, Cleave Point, Barnstaple is the 57th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in EX31.
Apartment 21, Cleave Point, Barnstaple has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 May 2010.
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 Apartment 21, 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 21, 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 21, 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 21, 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 21, 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 21, 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.