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According to the public record, 1, Watersmead Parc, Falmouth is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 999 ft2 of internal area and sits on a 349 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Watersmead Parc, Falmouth is £319,283 and the estimated rental value is £1,883 per month.
Watersmead Parc, Budock Water, Falmouth, TR11 is located within the TR11 postal district.
1, Watersmead Parc, Falmouth has 31 entries in the Land Registry , most recently in August 2011 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 2 out of 5 and is considered of medium accuracy.
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, Watersmead Parc, Falmouth is in very good condition we estimate a sale value of £335,247 and a rental value of £1,977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,933 and a rental value of £1,751 per month.
Over the last 12 months the sale value of 1 Watersmead Parc Falmouth has decreased by an estimated £5,386 (1.7%) and its rental value has increased by an estimated £86 per month (4.6%), giving an expected gross yield of 7.1%.
According to data from HM Land Registry, 1, Watersmead Parc, Falmouth sits on a plot of 349m2.
We have plot size data on 45 out of 51 other houses in the postcode and 1, Watersmead Parc, Falmouth sits on the 10th largest plot.
According to HM Land Registry, 1, Watersmead Parc, Falmouth was last sold on 15th August 2011 for £179,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2011, the market for similar properties has risen 56.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Watersmead Parc, Falmouth within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 12, Watersmead Parc, Falmouth, TR11 5EL, a freehold house which sold for £290,000 on the 12th January 2023.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watersmead Parc, Budock Water, Falmouth, TR11 has a total of 51 addresses. According to our analysis of all the public data, 1, Watersmead Parc, Falmouth is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in TR11.
The closest station to 1, Watersmead Parc, Falmouth is Penmere station which is 1.6 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Watersmead Parc, Falmouth, 43.4% of property is privately owned outright and 30.3% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Watersmead Parc, Falmouth, 10.2% of residents are recorded as possessing school level qualifications and 41.1% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Watersmead Parc, Falmouth, the average age was 43.5 and the most common age was 17.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Watersmead Parc, Falmouth, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Watersmead Parc, Falmouth, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.