15, Stret Merdhin
15, Stret Merdhin
Description & Estimates
15, Stret Merdhin, Newquay is recorded publicly as a modern freehold house across 1,044 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Stret Merdhin, Newquay is £330,537 and its rental estimate is £1,369 per month, given the available information and assuming reasonable condition.
Stret Merdhin, Newquay, TR7 falls within the TR7 postal district.
Our Data Sources
15, Stret Merdhin, Newquay has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 15, Stret Merdhin, Newquay, we estimate a market value of £347,064 and a rental value of £1,437 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £307,399 and £1,273 per month respectively.
Recent Market Change
Over the last year, 15, Stret Merdhin, Newquay has seen its estimated sale value decline by £10,917 (3.3%) and its estimated rental value climb by £61 per month (4.5%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
15, Stret Merdhin, Newquay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 15, Stret Merdhin, Newquay completed on 22nd September 2023 at £360,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.4% over the period since September 2023.
- Sold Sep 2023£360,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Stret Merdhin, Newquay have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th June 2024, was 19, Stret Merdhin, Newquay, TR7 3GG, a freehold house which sold for £345,000.
Read more about house prices in TR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Stret Merdhin, Newquay, TR7, 15, Stret Merdhin, Newquay comes out as the 8th largest and the 9th most expensive in our analysis of the public data.
It is also £9k more expensive than the average property across the TR7 district.
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Schools Nearby
- 700mNansledan School
- 800mSt Columb Minor Academy
- 1.4kmNewquay Primary Academy
- 1.0kmTreviglas Academy
- 1.4kmNewquay Tretherras
- 13.4kmBrannel School
More reading links
Public Transport Nearby
From 15, Stret Merdhin, Newquay, the nearest station is Quintrell Downs, 1.3 kilometres away.
- 1.3kmQuintrell Downs
- 2.7kmNewquay
- 7.1kmSt Columb Road
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
