Monmouth Way, Honiton
RE

Monmouth Way, Honiton

By Redferns

£ 525,000

Reviews

3 out of 5 stars

Redferns says ..

A larger style 4 bedroom detached home with a double garage situated in a residential location in walking distance of Honiton town centre - NO CHAIN

Property Oracle says ..

The property is a 5 bedroom, 2 bathroom detached house located in Honiton, Devon. It is situated on Monmouth Way and has a plot size of 1,629.66 sqft and internal area of 1,521.48 sqft. The list price is £525,000.

The property appears to be in good condition, with a modern kitchen and bathrooms. The property benefits from a rear garden and a double garage. The interior is presented well but could benefit from some modernisation to increase its overall appeal.

The location is good, with easy access to local amenities and transport links. Honiton railway station is within walking distance, providing access to South Western Railway services. Several schools are also within a reasonable distance, including Littletown Primary Academy and Honiton Community College, both rated ‘Good’ by Ofsted.

Considering the average price of similar properties in the area, the list price of £525,000 seems reasonable, although slightly above the average price per square foot. However, the larger plot size and additional features such as the double garage may justify the higher price. Nearby comparable properties on Monmouth Way are listed at £550,000, suggesting the list price is competitive within the immediate vicinity.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
8
Land
7
Bedrooms
5
Bathrooms
2
Sqft (est)
1,521.48
Lot (est)
1,629.66

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
345,000.00 £
Increased by 13.42 %
from 304,176.00 £
Est sale value
363,633.72 £
Decreased by 16.14 %
from 433,621.80 £
Average area rental value
1,213.00 £/mo
Increased by 47.75 %
from 821.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
4.22 %
Increased by 30.25 %
from 3.24 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Redferns created the listing.

Nearby Schools

NameTypeOfstedDistance
Littletown Primary AcademyAcademy ConverterGood0.90 KM
Honiton Primary SchoolCommunity SchoolRequires improvement1.00 KM
Honiton & District Children'S CentreChildren's Centre1.04 KM
Honiton Community CollegeAcademy ConverterGood1.18 KM
Farway Church Of England Primary SchoolVoluntary Aided SchoolGood3.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Weatherill Road £ 000.00 KM
Avenue Mezidon-Canon £ 412,50000.00 KM
Parsonage Lane £ 000.00 KM
East View Cottages £ 000.00 KM
Lower Marlpits Hill £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Honiton5717HON0.48 KM

Nearby Listings

AddressPriceTypeScoreDistance
Monmouth Way, Honiton £ 525,000BUY7 / 100.00 KM
Monmouth Way, Honiton £ 550,000BUY7 / 100.00 KM
Monmouth Way, Honiton, Devon, EX14 £ 340,000BUYUnknown0.06 KM
Monmouth Way, Honiton, Devon, EX14 £ 595,000BUYUnknown0.07 KM
Avenue Mezidon-canon, Honiton £ 375,000BUY6 / 100.09 KM

Nearby Properties

AddressPriceDistance
15 Monmouth Way £ 255,0000.01 KM
12 Monmouth Way £ 330,0000.01 KM
37 Monmouth Way £ 280,0000.01 KM
39 Monmouth Way £ 119,0000.01 KM
5 Monmouth Way £ 270,0000.01 KM