According to the public record, Fairwater, Barnstaple is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,259 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cleave Road, Sticklepath, Barnstaple, EX31 is located in the borough of North Devon within the EX31 postal district.
Fairwater, Barnstaple has a single entry in the Land Registry database from August 2018 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 Fairwater Barnstaple as £436,857 and the rental value as £1,214 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of Fairwater Barnstaple has decreased by £24,042 (5.5%) and its rental value has increased by £16 per month (1.3%).
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 Fairwater, Barnstaple is in very good condition we estimate a sale value of £458,700 and rental value of £1,275 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,277 and a rental value of £1,129 per month.
If you were able to purchase this property for the estimated value of £436,857, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,147 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, Fairwater, Barnstaple was last sold on 08 Aug 2018 for £369,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2018, the market for similar properties has risen 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Fairwater, Barnstaple within a radius of 940 metres over the last 2 years.
The most recent example is 29, Cleave Close, Barnstaple, EX31 2DX, a Freehold house which sold for £485,000 in Sep 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, Fairwater, Barnstaple is the 32nd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in EX31.
The closest station to Fairwater, Barnstaple is Barnstaple station which is 700 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 Fairwater, 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 Fairwater, 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 Fairwater, 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 Fairwater, 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 Fairwater, 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.