37 Aubyns Wood Rise, Tiverton, Mid Devon, Devon, EX16 5DG

Detached
1141 sq ft
19%
PROPERTY VALUATION
£
Price change: +£73,000
Since last sold: November 2020
VALUATION RANGE
£442k - £484k
LOW OFFER | HIGH OFFER
Confidence: Medium
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £463k, we expect this property to be in very good condition.

UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

37 Aubyns Wood Rise, Tiverton is a detached house spread over 1,141 square feet, making it one of the smaller properties here - it is ranked as the 19th most expensive property* in EX16 5DG, with a valuation of £463,000.

Since it last sold in November 2020 for £390,000, its value has increased by £73,000.

Advertisement

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £442k and £484k.

  • The property didn't turn out to be a great investment for the previous owner - returning on average 2.7% per annum.

  • 9 detached houses have sold at an average price of £398,166 over the last 12 months (in the area coverring EX16 5).

  • At a sale price of £463k, we expect this property to be in a substantially better condition than the neighbouring properties.
  • This property has a higher cost per square foot than other properties in the area, which is why we think it is more likely to be in good condition. This can be caused by it having recently been refurbished to a high standard although particularly pretty properties can also sell for a premium.
  • At a valuation of £463k it has a cost per square foot of £405, which is substantially more than the average for the area. The average cost per square foot for property here is £356.
  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £406k. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
  • We use survey data provided by RICS qualified surveyors to obtain the property's size. This is calculated in a slightly different way to how an estate agent will measure a property as it only includes habitable space.
  • To calculate the price per square foot, you divide the property's sale price by its total square footage.
Prices start at:
£239k
Average house price:
£492k
Most expensive:
£668k
Advertisement
19%
This property has increased in price by 19% since it last sold 3 years ago
6%
This property is 6% less expensive than average in Aubyns Wood Rise, EX16 5DG

Sale history

The most paid for a property in Aubyns Wood Rise, EX16 5DG was £585,000 in 2023.

Date Price Change
Today's value* £463,000 18.7%
09 Nov 2020 £390,000 11.7%
29 Sep 2016 £349,000 -
37 Aubyns Wood Rise, Tiverton is a detached house with 1,141 square feet of internal space.
Advertisement

Valuation details

The most likely sale price is £463,000 but at the lower end we think it should fetch a minimum of £442,000.

On a cost per square foot basis, this property is valued at 14% more than the other houses in this postcode.

This property has increased in price by £73,000 since it last sold in 2020 - this equates to a 5.2% rise each year.

If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.

A higher cost per square foot can indicate that the property is in a better condition than the other properties or that it has a bigger garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £532,000.

Mortgage repayment calculator
Investment Performance
Annual change: 2.7%

Was It A Good Investment?

The previous owner had the property for 4 years, having purchased it in September 2016 for £349,000.

During this time, the price rose by £41,000 (11.7%), which equates to it increasing in value by 2.7% each year.

The property didn't turn out to be a great investment for the previous owner.

How does this property compare?

  • Most likely sale price: £463,000.
    • Offers likely to be accepted between £442,000 and £484,000.
    • Cost per squre foot: £405 (at a valuation of £463,000) - the average cost per square foot for this postcode is £356.
  • Freehold detached house.
    • 1,141 square feet.
  • Property energy rating: 82.
    • This is similar to the average for this postcode.
    • A score of 100 is the best energy rating a property can be given.

The local market - EX16 5DG

  • The average property price for this postcode is £492,000.
    • Prices here range from £239,000 to £668,000.
    • Expect to pay £302 to £409 per square foot for property in EX16 5DG.
  • 12 properties have sold in EX16 5DG over the last 5 years.

The property market across EX16 5

  • The average price paid for a detached house in the area EX16 5 over the past year is £398k.
  • Detached houses have been selling for £341 per square foot across EX16 5.
  • 9 detached houses have sold over the last 12 months (in the area coverring EX16 5).
What does it cost to live in this area?

Valuation accuracy

If the automated valuation doesn't look right you can create a custom valuation report by finding comparable properties near by to generate a fresh valuation.

Create valuation report
Recent sales in the surrounding roads
Searching for recent sales near here

Things to check before buying a new home

Working out a property's valuation can be tricky but we are here to help you get the information you need to know before putting in an offer.

* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/01/2024 - this was released on the 28/02/2024.