1, Commercial Terrace
1, Commercial Terrace
Description & Estimates
According to the public record, 1, Commercial Terrace, Padstow is a period freehold house with 764 ft2 of internal area and sits on a 95.1 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Commercial Terrace, Padstow is £517,443 and the estimated rental value is £1,686 per month.
Commercial Terrace, Padstow, PL28 is located within the PL28 postal district.
Our Data Sources
1, Commercial Terrace, Padstow has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated August 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Commercial Terrace, Padstow is in very good condition we estimate a sale value of £543,315 and a rental value of £1,770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,222 and a rental value of £1,568 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Commercial Terrace, Padstow has dropped by £2,659 (0.5%), while its estimated rental value has risen by £68 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Plot Size
According to data from HM Land Registry, 1, Commercial Terrace, Padstow sits on a plot of 95 m2.
We have plot size data on 4 out of 5 other houses in the postcode and 1, Commercial Terrace, Padstow sits on the 2nd largest plot.
Energy Efficiency
1, Commercial Terrace, Padstow has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 Aug 2019.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 1, Commercial Terrace, Padstow was last sold on 12th April 2021 for £445,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2021, the market for similar properties has dropped by 3.3%.
- Sold Apr 2021£445,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Commercial Terrace, Padstow within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 11, Cross Street, Padstow, PL28 8AT, a freehold house which sold for £565,000 on the 30th June 2023.
Read more about house prices in PL28.
- Sold Jun 2023£565,000 | 2 Bed House11, Cross Street, Padstow, PL28 8AT11, Cross Street, Padstow, PL28 8AT
- Sold Sep 2021£495,000 | 2 Bed House6, Commercial Terrace, Padstow, PL28 8BX6, Commercial Terrace, Padstow, PL28 8BX
- Sold Sep 2021£386,000 | 3 Bed House5, Strand Street, Padstow, PL28 8BU5, Strand Street, Padstow, PL28 8BU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Commercial Terrace, Padstow, PL28 has a total of 5 addresses. According to our analysis of all the public data, 1, Commercial Terrace, Padstow is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in PL28.
More reading links
Schools Nearby
- 700mPadstow School
- 3.3kmSt Minver School
- 3.7kmSt Issey Church of England Primary School
- 7.9kmWadebridge School
- 15.6kmTreviglas Academy
- 16.2kmNewquay Tretherras
More reading links
Public Transport Nearby
The closest station to 1, Commercial Terrace, Padstow is Roche station, which is 15.6 kilometres away.
- 15.6kmRoche
- 15.8kmSt Columb Road
- 16.5kmQuintrell Downs
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
