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House Valuation/2 Corner Close, Morchard Bishop, Crediton, EX17 6PN

2 Corner Close, Morchard Bishop, Crediton, EX17 6PN

EX17 6PNProperty

AI-Powered Estimated Value

£260,000

This is an automated estimate. For an accurate, in-person valuation from a local estate agent — completely free and with no obligation — request one below.

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Valuation Confidence

How much data supports this estimate

90%High Confidence

We have strong data coverage for this property, making this one of our more reliable estimates.

What drives this confidence score

AI valuation generatedhigh
Floor area from EPChigh
Previous sale historyhigh
Recent EPC inspectionmedium
Local comparable sales (18 found)high
Property type classifiedmedium
Bedroom count availablemedium

How We Calculated This Valuation

Real accuracy stats and what went into this estimate

Built on 2B+ Datapoints

Validated against actual sale prices the model never saw — not a back-test on training data

Half Within £13,558

Median error of 4.74% — that's the midpoint across all test valuations, not a best case

3 in 4 Within 10%

75.4% of valuations land within 10% of the actual sale price

No Directional Bias

50.1% above, 49.9% below — the model doesn't systematically over or undervalue

Data Inputs for This Property

Floor area

85 m²

Bedrooms

3

Property type

Unknown

EPC rating

C (74/100)

Council tax band

C

HPI region

England

Previous sales

3 recorded

Local comparables

7 in postcode

EPC-Derived Features

Built form

Mid-Terrace

Construction age

England and Wales: 1991-1995

Habitable rooms

5

Heated rooms

5

Main fuel

mains gas (not community)

Mains gas

Yes

How we know this works

Built on over 2 billion datapoints, the model was tested against actual property sales it had never seen during training. Half our valuations landed within £13,558 of the final sale price. Three quarters were within 10%, and 93% within 20%. Nearly 1 in 5 were accurate to within 1%. Crucially, the model has no systematic lean in either direction — it's as likely to be slightly above as slightly below.

What goes into the estimate

Each valuation draws on over 250 data points: what comparable properties nearby actually sold for (assessed by size match, recency, and a blend of both), the property's floor area, build type, age, energy performance, and council tax band, plus how prices in the England region have moved. Land Registry records 18 transactions in this postcode, and an EPC is available for this property.

Kept current between data releases

House price data always lags slightly behind the real market. To close that gap, the estimate is forward-adjusted using the latest UK House Price Index for the England region, so the figure reflects current conditions rather than what things looked like six months ago.

This is an automated estimate produced by a statistical model and should not be used as a formal valuation. For mortgage, legal, or transactional purposes, please obtain a RICS-accredited valuation from a qualified surveyor.

Comparable Sales in EX17 6PN

Recent transactions near this property used as valuation inputs

Sold Aug 2024134£2,836/m²

£380,000

-7% /m²
Sold Jun 201584£2,107/m²

£177,000

-31% /m²
Sold Apr 2014130£1,631/m²

£212,000

-47% /m²
Sold Jun 201372£833/m²

£60,000

-73% /m²
Sold Jul 201183£2,145/m²

£178,000

-30% /m²
Sold Jun 2009123.24£1,704/m²

£210,000

-44% /m²
Sold Nov 2008

£115,000

Showing the 7 most relevant recent transactions in the EX17 6PN postcode. These comparable sales, along with sector-level data and market indices, inform the valuation model.

Price Per Square Foot

How this property compares to the EX17 6PN average

This property

£284/sqft

915 sqft total

EX17 6PN average

£190/sqft

Based on 7 properties

vs postcode average

+49%

Above average for this postcode

Price History & Market Context

Transaction history and local pricing trends

This Property's Sales History

Aug 2024£260,000
Apr 2017£166,000
Oct 2008£175,000

+£0 since last sale

+0.0% change vs estimated value

House Price Index — England

101.5

index value

+0.5% change over period

Recent Sales Near EX17 6PN

Aug 2024£380,000
Jun 2015£177,000
Apr 2014£212,000
Jun 2013£60,000
Jul 2011£210,000

Financial Calculators

Pre-populated with the estimated value of £260,000

Stamp Duty (SDLT)

Stamp duty payable£500

Effective rate: 0.19%

£250,000 – £925,000£500
Full stamp duty calculator

Mortgage Repayments

Monthly repayment£1,300.65
Loan amount£234,000
Loan-to-value90%
Total interest£156,194
Total repayment£390,194
Full mortgage calculator

Frequently Asked Questions

Common questions about this valuation

Want to know more about this property?

View the full property page for EPC ratings, crime statistics, school data, transport links, and more.