At a sale price of £514k, we expect this property to be in poor condition.
UPDATE CONDITIONHolly Bank, 12B, Willand Road is a detached house spread over 1,948 square feet, making it one of the largest properties here - it is ranked as the 8th most expensive property* in EX15 1AP, with a valuation of £514,000.
Since it last sold in June 2021 for £467,500, its value has increased by £46,500.
If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £491k and £537k.
The property turned out to be a amazing investment for the previous owner - returning on average 11.5% per annum.
29 detached houses have sold at an average price of £417,550 over the last 12 months (in the area coverring EX15 1).
Holly Bank, 12B, Willand Road is significantly bigger than the average property in this postcode.
The most paid for a property in Willand Road, EX15 1AP was £505,000 in 2022.
Date | Price | Change |
---|---|---|
Today's value* | £514,000 | 9.9% |
22 Jun 2021 | £467,500 | 14.0% |
08 Apr 2020 | £410,000 | - |
The most likely sale price is £514,000 but at the lower end we think it should fetch a minimum of £491,000.
On a cost per square foot basis, this property is valued at 8% less than the other houses in this postcode.
This property has increased in price by £46,500 since it last sold in 2021 - this equates to a 3.5% 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 lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller 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 £591,000.
Mortgage repayment calculatorThe previous owner had the property for 1 year and 2 months, having purchased it in April 2020 for £410,000.
During this time, the price rose by £57,500 (14%), which equates to it increasing in value by 11.5% each year.
The property turned out to be a amazing investment for the previous owner.
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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* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.
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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.