According to the public record, Hour Cottage, Umberleigh is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,440 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
High Bickington, Umberleigh, EX37 is located in the borough of Torridge within the EX37 postal district.
Hour Cottage, Umberleigh has a single entry in the Land Registry database from March 2021 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 Hour Cottage Umberleigh as £404,608 and the rental value as £1,202 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Hour Cottage Umberleigh has decreased by £22,936 (5.7%) and its rental value has increased by £15 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 Hour Cottage, Umberleigh is in very good condition we estimate a sale value of £424,839 and rental value of £1,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,286 and a rental value of £1,118 per month.
If you were able to purchase this property for the estimated value of £404,608, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,989 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, Hour Cottage, Umberleigh was last sold on 26 Mar 2021 for £360,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Hour Cottage, Umberleigh within a radius of 164m over the last 2 years.
The most recent example is Mayfield Cottage, Umberleigh, EX37 9AY, a Freehold house which sold for £475,000 in Mar 2023.
Read more about house prices in EX37.
High Bickington, Umberleigh, EX37 has a total of 174 addresses. According to our analysis of all the public data, Hour Cottage, Umberleigh is the 81st largest and the 98th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in EX37.
The closest station to Hour Cottage, Umberleigh is Portsmouth Arms station which is 3.3 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 Hour Cottage, Umberleigh, 45.1% of property is privately owned outright and 33.6% 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 Hour Cottage, Umberleigh, 14.7% of residents are recorded as possessing school level qualifications and 26.8% 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 Hour Cottage, Umberleigh, the average age was 49.6 and the most common age was 62.
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 Hour Cottage, Umberleigh, 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 Hour Cottage, Umberleigh, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.