Oakford Bridge, Exeridge Farm, Bampton, Tiverton, Mid Devon, Devon, EX16 9JA

Detached
10%
PROPERTY VALUATION
£
Price change: +£73,000
Since last sold: November 2020
VALUATION RANGE
£754k - £808k
LOW OFFER | HIGH OFFER
Confidence: High
UPDATE CONDITION

Property summary Last updated: 05/03/2024

Last updated: 05/03/2024

Oakford Bridge, Exeridge Farm is a detached house - it is ranked as the 3rd most expensive property* in EX16 9JA, with a valuation of £781,000.

Since it last sold in November 2020 for £708,000, its value has increased by £73,000.

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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 £754k and £808k.

  • The property turned out to be a amazing investment for the previous owner - returning on average 14.3% per annum.

  • 13 detached houses have sold at an average price of £554,730 over the last 12 months (in the area coverring EX16 9).

  • If this property is similar in size to the average property here - utilising the average cost per square foot, we would expect it to have a valuation of £484k.
  • This is based on it having an internal floor area of 1,952 square feet.
  • 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:
£412k
Average house price:
£802k
Most expensive:
£2.19M
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10%
This property has increased in price by 10% since it last sold 3 years ago
3%
This property is 3% less expensive than average in , EX16 9JA

Sale history

The most paid for a property in , EX16 9JA was £1,900,000 in 2020.

Date Price Change
Today's value* £781,000 10.3%
30 Nov 2020 £708,000 84.4%
29 Apr 2016 £384,000 -
Oakford Bridge, Exeridge Farm, Tiverton is a detached house.
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Valuation details

The most likely sale price is £781,000 but at the lower end we think it should fetch a minimum of £754,000.

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

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £898,000.

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Investment Performance
Annual change: 14.3%

Was It A Good Investment?

The previous owner had the property for 4 years, having purchased it in April 2016 for £384,000.

During this time, the price rose by £324,000 (84.4%), which equates to it increasing in value by 14.3% each year.

The property turned out to be a amazing investment for the previous owner.

How does this property compare?

  • Most likely sale price: £781,000.
    • Offers likely to be accepted between £754,000 and £808,000.
  • Freehold detached house.

The local market - EX16 9JA

  • The average property price for this postcode is £802,000.
    • Prices here range from £412,000 to £2,188,000.
    • Expect to pay £210 to £285 per square foot for property in EX16 9JA.
  • 2 properties have sold in EX16 9JA over the last 5 years.

The property market across EX16 9

  • The average price paid for a detached house in the area EX16 9 over the past year is £555k.
  • Detached houses have been selling for £347 per square foot across EX16 9.
  • 13 detached houses have sold over the last 12 months (in the area coverring EX16 9).
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.