1, Prospect Place
1, Prospect Place
Description & Estimates
According to the public record, 1, Prospect Place, Falmouth is a freehold house that sits on a 103 m2 plot.
By comparing it to neighbours, we estimate that it is a period house with 1,240 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Prospect Place, Falmouth is £564,994 and the estimated rental value is £1,972 per month.
Prospect Place, Falmouth, TR11 is located within the TR11 postal district.
Our Data Sources
1, Prospect Place, Falmouth has a single entry in the Land Registry from November 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Prospect Place, Falmouth is in very good condition we estimate a sale value of £593,243 and a rental value of £2,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,444 and a rental value of £1,834 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Prospect Place, Falmouth has fallen by £13,518 (2.4%), while its estimated rental value has moved up by £72 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 4.2%.
Plot Size
According to data from HM Land Registry, 1, Prospect Place, Falmouth sits on a plot of 103 m2.
We have plot size data on 4 out of 5 other houses in the postcode and 1, Prospect Place, Falmouth sits on the 2nd largest plot.
Sold Prices
According to HM Land Registry, 1, Prospect Place, Falmouth was last sold on 11th November 2014 for £285,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2014, the market for similar properties has risen by 21.7%.
- Sold Nov 2014£285,000
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, Prospect Place, Falmouth within a radius of 530 metres over the last 2 years.
The most recent example is 21, Trevethan Road, Falmouth, TR11 2AS, a freehold house which sold for £330,000 on the 22nd July 2024.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Prospect Place, Falmouth, TR11 has a total of 5 addresses. According to our analysis of all the public data, 1, Prospect Place, Falmouth is the largest and the most expensive property on the street.
When compared to the postcode district it is £158k more expensive than the average property in TR11.
More reading links
Schools Nearby
- 400mFalmouth Primary Academy
- 800mFlushing School
- 1.1kmKing Charles Church of England Primary School
- 1.5kmFalmouth School
- 3.1kmPenryn College
- 11.4kmRichard Lander School
More reading links
Public Transport Nearby
The closest station to 1, Prospect Place, Falmouth is Penmere station, which is 1.1 kilometres away.
- 1.1kmPenmere
- 1.3kmFalmouth Town
- 1.6kmFalmouth Docks
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
