According to the public record, Apartment 6, Old Glove Factory , Barnstaple is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Old Glove Factory, Ladywell, Barnstaple, EX31.
Ladywell, Barnstaple, EX31 is located in the borough of North Devon within the EX31 postal district.
Apartment 6, Old Glove Factory , Barnstaple has a single entry in the Land Registry database from November 2017 and a single entry in the EPC database dated September 2017.
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 6 Old Glove Factory Barnstaple as £255,018 and the rental value as £788 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Apartment 6 Old Glove Factory Barnstaple has decreased by £10,336 (4.1%) and its rental value has increased by £22 per month (2.8%).
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 6, Old Glove Factory , Barnstaple is in very good condition we estimate a sale value of £267,769 and rental value of £827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,167 and a rental value of £733 per month.
If you were able to purchase this property for the estimated value of £255,018, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,253 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 6, Old Glove Factory , Barnstaple was last sold on 20 Nov 2017 for £355,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 17.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 6, Old Glove Factory , Barnstaple within a radius of 640 metres over the last 2 years.
The most recent example is Apartment 7, Old Glove Factory , Ladywell, Barnstaple, EX31 1QS, a Leasehold flat which sold for £265,000 in Mar 2023.
Read more about house prices in EX31.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ladywell, Barnstaple, EX31 has a total of 27 addresses. According to our analysis of all the public data, Apartment 6, Old Glove Factory , Barnstaple is the 13th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in EX31.
Apartment 6, Old Glove Factory , Barnstaple has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Sep 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Apartment 6, Old Glove Factory , Barnstaple is Barnstaple station which is 1.6 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 Apartment 6, Old Glove Factory , Barnstaple, 60.3% of property is privately owned outright and 26.7% 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 6, Old Glove Factory , Barnstaple, 16.2% of residents are recorded as possessing school level qualifications and 38.1% 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 6, Old Glove Factory , Barnstaple, the average age was 44.1 and the most common age was 52.
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 6, Old Glove Factory , Barnstaple, 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 Apartment 6, Old Glove Factory , Barnstaple, 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.