9 Sandy Place, Tiverton, Mid Devon, Devon, EX16 4FN

Detached
1367 sq ft
13%
PROPERTY VALUATION
£
Price change: +£49,000
Since last sold: June 2020
VALUATION RANGE
£405k - £443k
LOW OFFER | HIGH OFFER
Confidence: High
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £424k, we expect this property to be in poor condition.

UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

9 Sandy Place, Tiverton is a detached house spread over 1,367 square feet, making it one of the smaller properties here - it is ranked as the 9th most expensive property* in EX16 4FN, with a valuation of £424,000.

Since it last sold in June 2020 for £375,000, its value has increased by £49,000.

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Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £405k and £443k.

  • This property only has one recorded sale since 1995 so it doesn't have a historic investment return or rating yet.

  • 21 detached houses have sold at an average price of £412,047 over the last 12 months (in the area coverring EX16 4).

  • At a sale price of £424k, we expect this property to be in a similar condition to the neighbouring properties.
  • Most properties in the local area tend to sell within quite a small price range when using the cost per square foot as the valuation method - this property is within the normal expected price range for this area and it is why we think it is in a reasonable condition.
  • At a valuation of £424k it has a cost per square foot of £310, which is comparable with the average for properties for the area. The average cost per square foot for property here is £296.
  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £405k. 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:
£392k
Average house price:
£468k
Most expensive:
£566k
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13%
This property has increased in price by 13% since it last sold 3 years ago
9%
This property is 9% less expensive than average in Sandy Place, EX16 4FN

Sale history

The most paid for a property in Sandy Place, EX16 4FN was £490,000 in 2020.

Date Price Change
Today's value* £424,000 13.1%
18 Jun 2020 £375,000 -
9 Sandy Place, Tiverton is a detached house with 1,367 square feet of internal space.
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Valuation details

The most likely sale price is £424,000 but at the lower end we think it should fetch a minimum of £405,000.

On a cost per square foot basis, this property is valued at 5% more than the other houses in this postcode.

This property has increased in price by £49,000 since it last sold in 2020 - this equates to a 3.3% 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 £488,000.

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How does this property compare?

  • Most likely sale price: £424,000.
    • Offers likely to be accepted between £405,000 and £443,000.
    • Cost per squre foot: £310 (at a valuation of £424,000) - the average cost per square foot for this postcode is £296.
  • Freehold detached house.
    • 1,367 square feet.
  • Property energy rating: 85.
    • 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 4FN

  • The average property price for this postcode is £468,000.
    • Prices here range from £392,000 to £566,000.
    • Expect to pay £251 to £340 per square foot for property in EX16 4FN.
  • 17 properties have sold in EX16 4FN over the last 5 years.

The property market across EX16 4

  • The average price paid for a detached house in the area EX16 4 over the past year is £412k.
  • Detached houses have been selling for £362 per square foot across EX16 4.
  • 21 detached houses have sold over the last 12 months (in the area coverring EX16 4).
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.

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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.