63 New North Road, Exeter, EX4 4EP

UPRN:100040225439Terrace Property6 bedsBuilt before 1900

FreeholdCouncil Tax: Band BEPC: C (73)

Data freshness:Listing· freshPlanning· 1mo agoEPC· 5mo agoRisk· 2y agoAmenities· 1mo agoArea· Census 2021Council Tax· 4mo ago

Valuation estimateUpdated 2 days ago

£280,000

Estimated value

Range: £224k - £336k|Last sold: £230k (2016-02-15)

Estimate of £280k for this terrace property. 440 sales in EX4 in the last 12 months; median £281k.

Estimate confidence

Low confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£280k

£224k - £336k - Low confidence

Annualised (CAGR)

-0.61%

Over the full window

Peak estimate

£354k

Nov 2022

From peak

-20.90%

Drawdown from peak

AVM estimate (model)Repeat-sales index - EX4 district (quarterly)index YoY -2.23%

Growth by window

+0.36%

-0.71%

12m

-1.06%

24m

-6.67%

60m

-9.39%

Rental Market

Monthly

Estimated rent (pcm)

£1,450

/ month

Gross yield

6.21%

Rent ÷ estimated value

Net yield

4.30%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£281k

EX4 sales, last 12 months

12m Price Growth

EX4 median, Land Registry

Days on Market

46d

EX4 average

Sales & Yield

3 metrics

Transactions / 12m

440

EX4 sales

Area Gross Yield

7.24%

EX4 medians

Last Sold

£230k

2016-02-15

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Estimated Value£280,000
SDLT standard£4,000
SDLT BTL surcharge (5%)£14,000
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£300,100

Funding

Deposit (25%)£70,000
Mortgage (75% LTV)£210,000
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£90,100

Monthly Returns

Monthly Rent (estimate)£1,450
Mortgage Payment (IO)-£919
Management (10%)-£145
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow+£286

Capital Returns

5yr Property Value£302,086
5yr Capital Gain (1.53% pa, historical)+£22,086
5yr Cumulative Rent (net)+£75,490
Less mortgage interest-£55,140
5yr Total Return+£42,436

Modelled on the estimated value: the property is not on the market. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed.

5-Year Projection

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£284,284	£74,284	+£3,432	+£7,716	8.6%
Year 2	£288,634	£78,634	+£7,176	+£15,810	17.5%
Year 3	£293,050	£83,050	+£11,239	+£24,289	27.0%
Year 4	£297,533	£87,533	+£15,628	+£33,161	36.8%
Year 5	£302,086	£92,086	+£20,350	+£42,436	47.1%

Modelled on the estimated value: the property is not on the market. Capital growth 1.53% a year is the EX4 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. ROI is on cash required (£90,100).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,967

Population

Signal

4.0%

Households Deprived

Upside Opportunities

0 levers