According to the public record, Woodmead Cottage, 39, Silver Street, Lyme Regis is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 635 ft2 of internal area and sits on a 552 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Silver Street, Lyme Regis, DT7 is located within the DT7 postal district.
Woodmead Cottage, 39, Silver Street, Lyme Regis has 21 entries in the Land Registry database, most recently in November 2016 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 Woodmead Cottage 39 Silver Street Lyme Regis as £342,216 and the rental value as £1,139 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Woodmead Cottage 39 Silver Street Lyme Regis has decreased by £6,211 (1.8%) and its rental value has increased by £6 per month (0.5%).
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 Woodmead Cottage, 39, Silver Street, Lyme Regis is in very good condition we estimate a sale value of £359,327 and rental value of £1,196 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,261 and a rental value of £1,059 per month.
If you were able to purchase this property for the estimated value of £342,216, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,682 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 data from HM Land Registry, Woodmead Cottage, 39, Silver Street, Lyme Regis sits on a plot of 552m2.
We have plot size data on 10 out of 18 other houses in the postcode and Woodmead Cottage, 39, Silver Street, Lyme Regis sits on the 3rd largest plot.
According to HM Land Registry, Woodmead Cottage, 39, Silver Street, Lyme Regis was last sold on 14 Nov 2016 for £231,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 30.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Woodmead Cottage, 39, Silver Street, Lyme Regis within a radius of 690 metres over the last 2 years.
The most recent example is 17, Sherborne Lane, Lyme Regis, DT7 3NY, a Freehold house which sold for £325,000 in Jun 2023.
Read more about house prices in DT7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silver Street, Lyme Regis, DT7 has a total of 87 addresses. According to our analysis of all the public data, Woodmead Cottage, 39, Silver Street, Lyme Regis is the 79th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in DT7.
The closest station to Woodmead Cottage, 39, Silver Street, Lyme Regis is Axminster station which is 7.4 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 Woodmead Cottage, 39, Silver Street, Lyme Regis, 51.2% of property is privately owned outright and 24.0% is privately rented.
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 Woodmead Cottage, 39, Silver Street, Lyme Regis, 5.2% of residents are recorded as possessing school level qualifications and 45.7% 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 Woodmead Cottage, 39, Silver Street, Lyme Regis, the average age was 53.1 and the most common age was 72.
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 Woodmead Cottage, 39, Silver Street, Lyme Regis, 0.5% 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 Woodmead Cottage, 39, Silver Street, Lyme Regis, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.