According to the public record, Flat 4, London House 3, Okehampton is a period Leasehold apartment and with 672 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in London House, High Street, Hatherleigh, Okehampton, EX20.
High Street, Hatherleigh, Okehampton, EX20 is located in the borough of West Devon within the EX20 postal district.
Flat 4, London House 3, Okehampton has a single entry in the Land Registry database from August 2021 and a single entry in the EPC database dated July 2016.
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 Flat 4 London House 3 Okehampton as £123,181 and the rental value as £576 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 4 London House 3 Okehampton has decreased by £786 (0.6%) and its rental value has increased by £16 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 Flat 4, London House 3, Okehampton is in very good condition we estimate a sale value of £129,340 and rental value of £605 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,558 and a rental value of £535 per month.
If you were able to purchase this property for the estimated value of £123,181, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £605 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, Flat 4, London House 3, Okehampton was last sold on 05 Aug 2021 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 4, London House 3, Okehampton within a radius of 219m over the last 2 years.
The most recent example is 4 The Manor Hall, Bridge Street, Okehampton, EX20 3DD, a Leasehold flat which sold for £117,500 in Dec 2023.
Read more about house prices in EX20.
High Street, Hatherleigh, Okehampton, EX20 has a total of 37 addresses. According to our analysis of all the public data, Flat 4, London House 3, Okehampton is the 31st largest and the 35th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in EX20.
Flat 4, London House 3, Okehampton has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 12 Jul 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 4, London House 3, Okehampton is Sampford Courtenay station which is 10.5 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 Flat 4, London House 3, Okehampton, 42.3% of property is privately rented and 37.2% is privately owned outright.
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 Flat 4, London House 3, Okehampton, 14.1% of residents are recorded as possessing school level qualifications and 27.0% 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 Flat 4, London House 3, Okehampton, the average age was 44.7 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 Flat 4, London House 3, Okehampton, 1.0% 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 Flat 4, London House 3, Okehampton, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.