1 The Long Store, Padstow
1 The Long Store, Padstow
Description & Estimates
1 The Long Store, Padstow is recorded publicly as a modern leasehold apartment across 818 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1 The Long Store, Padstow is £700,137 and its rental estimate is £2,432 per month, given the available information and assuming reasonable condition.
The Long Store, Station Road is a residential building on Station Road, Padstow, PL28 and falls within the PL28 postal district.
Our Data Sources
1 The Long Store, Padstow has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated June 2023.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1 The Long Store, Padstow, we estimate a market value of £735,144 and a rental value of £2,554 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £651,127 and £2,262 per month respectively.
Recent Market Change
Over the last year, 1 The Long Store, Padstow has seen its estimated sale value move up by £11,870 (1.7%) and its estimated rental value increase by £155 per month (6.4%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
1 The Long Store, Padstow has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Ground source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 1 The Long Store, Padstow completed on 5th September 2023 at £730,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 46.2% over the period since September 2023.
- Sold Sep 2023£730,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1 The Long Store, Padstow have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th October 2023, was 4 The Long Store, Station Road, Padstow, PL28 8DB, a leasehold flat which sold for £755,000.
Read more about house prices in PL28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 19 addresses on Station Road, Padstow, PL28, 1 The Long Store, Padstow comes out as the 17th largest and the 15th most expensive in our analysis of the public data.
It is also £120k more expensive than the average property across the PL28 district.
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Schools Nearby
- 700mPadstow School
- 3.4kmSt Minver School
- 3.7kmSt Issey Church of England Primary School
- 7.9kmWadebridge School
- 15.5kmTreviglas Academy
- 16.1kmNewquay Tretherras
More reading links
Public Transport Nearby
From 1 The Long Store, Padstow, the nearest station is Roche, 15.5 kilometres away.
- 15.5kmRoche
- 15.7kmSt Columb Road
- 16.5kmQuintrell Downs
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
