1, Park Drive
1, Park Drive
Description & Estimates
According to the public record, 1, Park Drive, Falmouth is a modern freehold house with 1,017 ft2 of internal area and sits on a 551 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Park Drive, Falmouth is £476,257 and the estimated rental value is £1,981 per month.
Park Drive, Falmouth, TR11 is located within the TR11 postal district.
Our Data Sources
1, Park Drive, Falmouth has a single entry in the Land Registry from December 2008 and a single entry in the EPC database dated January 2009.
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, Park Drive, Falmouth is in very good condition we estimate a sale value of £500,070 and a rental value of £2,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,919 and a rental value of £1,842 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Park Drive, Falmouth has declined by £8,033 (1.7%), while its estimated rental value has climbed by £90 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Plot Size
According to data from HM Land Registry, 1, Park Drive, Falmouth sits on a plot of 551 m2.
We have plot size data on 4 out of 4 other houses in the postcode and 1, Park Drive, Falmouth sits on the 2nd largest plot.
Energy Efficiency
1, Park Drive, Falmouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jan 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using SAP05:Main-Heating.
Sold Prices
According to HM Land Registry, 1, Park Drive, Falmouth was last sold on 4th December 2008 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2008, the market for similar properties has risen by 100.8%.
- Sold Dec 2008£325,000
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, Park Drive, Falmouth within a radius of 530 metres over the last 2 years.
The most recent example is 12, Park Crescent, Falmouth, TR11 2DL, a freehold house which sold for £600,000 on the 26th September 2024.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Park Drive, Falmouth, TR11 has a total of 4 addresses. According to our analysis of all the public data, 1, Park Drive, Falmouth is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in TR11.
More reading links
Schools Nearby
- 200mFalmouth Primary Academy
- 900mKing Charles Church of England Primary School
- 900mSt Mary's Catholic Primary School, Falmouth
- 1.1kmFalmouth School
- 2.8kmPenryn College
- 11.7kmRichard Lander School
More reading links
Public Transport Nearby
The closest station to 1, Park Drive, Falmouth is Penmere station, which is 600 metres away.
- 600mPenmere
- 1.4kmFalmouth Town
- 1.8kmFalmouth Docks
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
