Terraced 2 sales on record

43 QUEEN ELIZABETH DRIVE

CREDITON, MID DEVON, DEVON, EX17 2EH

£225,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Hospital Gates 0.1 miles
Shop Sarah's Barber Shop 0.5 miles
Train station Crediton 1.4 miles
University Institute of Arab and Islamic Studies 7.2 miles
Hospital Moreton Hospital 10.0 miles

Property details

Tenure

Freehold

Property type

Terraced

Floor area

54 m²

EPC rating

C

Year built

England and Wales: 1991-1995

Last sold

£225,000 Feb 2026

Price per m²

£4,167/m²

Local average

£248,423 (13 sales)

Street crime

62 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 31/05/2024

Expiry date: 30/05/2034

Current heating cost: £632/year

Potential heating cost: £510/year

Est. upgrade cost to C: £11,150

Recommendations

  • Party wall insulation (£300 - £600)
  • Solar water heating (£4,000 - £6,000)
  • Replacement glazing units (£1,000 - £1,400)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 25/02/2026 £225,000 Terraced +66.7% £221,011 to April 2026 View transaction
Sold 05/12/2011 £135,000 Terraced £210,198 to April 2026 View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
23 QUEEN ELIZABETH DRIVE, CREDITON, MID DEVON, DEVON, EX17 2EH £220,000 09/12/2025 Terraced
79 QUEEN ELIZABETH DRIVE, CREDITON, MID DEVON, DEVON, EX17 2EH £195,000 24/05/2023 Terraced
56 QUEEN ELIZABETH DRIVE, CREDITON, MID DEVON, DEVON, EX17 2EJ £220,000 10/10/2022 Terraced
60 QUEEN ELIZABETH DRIVE, CREDITON, MID DEVON, DEVON, EX17 2EJ £235,000 05/10/2022 Terraced
60 QUEEN ELIZABETH DRIVE, CREDITON, MID DEVON, DEVON, EX17 2EJ £235,000 05/10/2022 Terraced
75 QUEEN ELIZABETH DRIVE, CREDITON, MID DEVON, DEVON, EX17 2EH £202,000 21/02/2022 Terraced
25 QUEEN ELIZABETH DRIVE, CREDITON, MID DEVON, DEVON, EX17 2EH £188,000 30/11/2021 Terraced

Area average: £213,571 (7 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 17.6%
10y growth 34.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Mid Devon. Series: Terraced. As of April 2026.

1y (index) -0.8%
5y (index) 13.1%
10y (index) 39.1%

Rental Range

Estimated market rent for Mid Devon. Low = conservative, Realistic = average, Optimistic = best case.

Low £786/mo
Realistic £873/mo
Optimistic £960/mo

Based on Local Authority from postcode lookup → Mid Devon.

LHA (30th percentile) floor for Exeter: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Lower Lodge, EX17 £720/mo 1 0.12 miles OpenRent
1 Bed Flat, High Street, EX17 £480/mo 1 0.53 miles OpenRent
1 Bed Flat, High Street, EX17 £600/mo 1 0.54 miles OpenRent
1 Bed Flat, The Mews Belle Court, EX17 £650/mo 1 0.54 miles OpenRent
1 Bed Flat, High Street, EX17 £625/mo 1 0.58 miles OpenRent
1 Bed Flat, The Burrowe, EX17 £730/mo 1 0.71 miles OpenRent
1 Bed Flat, High Street, EX17 £695/mo 1 0.76 miles OpenRent
3 Bed Terraced House, East Street, EX17 £910/mo 3 1.07 miles OpenRent

Average rent: £676/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.3%
Max investor price (0.8%) £84,125
Target investor price (1%) £67,300
Gross yield 3.6%
Cost-to-rent ratio 27.9×
Monthly cashflow £-305/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -5.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Street-level crime

Category Count
Violence and sexual offences 27
Shoplifting 21
Anti-social behaviour 3
Criminal damage and arson 2
Drugs 2
Public order 2
Vehicle crime 2
Burglary 1
Other crime 1
Other theft 1
Total incidents 62

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Landscore Primary School Primary 0.2 miles Good — 22 May 2022
Queen Elizabeth's Secondary 0.4 miles Good — 13 Jul 2022
Hayward's Primary School Primary 1.1 miles Good — 18 Jul 2012
Sandford School Primary 1.2 miles Good — 14 Nov 2023
Yeoford Community Primary School Primary 2.8 miles Good — 8 Jul 2016

FENSA

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