5 Lea View Somerlea Estate

    5 LEA VIEW, SOMERLEA ESTATE, CULLOMPTON, EX15 2QN

    This flat/maisonette leasehold property on Somerlea Estate last sold in May 2022 for £150,000. Based on price growth in the EX15 district since then, its estimated current value is £139,913 — placing it in the 10th percentile nationally and the 5th percentile within EX15. The property covers 64 m² (689 sq ft), giving an estimated value of £2,186 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £150,000

    May 2022

    Estimated Valuation

    £139,913

    Est. £/sq ft

    £203/sq ft

    £2,186/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelTo be used only when there is no heating/hot-water system
    EPC currentF
    EPC potentialD
    Floor area689 sq ft (64 m²)
    EPC dateOct 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    26 May 2022

    £150,000

    Key Metrics

    Estimated valuation£139,913
    Value per sq ft / m²£203/sq ft (£2,186/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    EX15 district percentile5th percentile
    National percentile10th percentile

    District Context — EX15

    EX15 covers the south-east Devon area, sitting inland from the coast between Sidmouth and the Exe Valley. It is a predominantly rural district with a mix of small market towns, villages, and countryside properties, appealing to those seeking a quieter, established community setting.

    Average Property Price - EX15

    £328,366

    51

    National percentile

    Average Net Household Income - EX15

    £39,804

    57

    National percentile

    10-Year Annualised Price Growth - EX15

    3.9%

    61

    National percentile

    10-Year Annualised Rent Growth - EX

    3.5%

    26

    National percentile

    View full analysis for EX15

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