17, Bishops Way
17, Bishops Way
Description & Estimates
Public records show 17, Bishops Way, Falmouth to be a modern leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
17, Bishops Way, Falmouth has an estimated sale value of £224,388 and an estimated rental value of £1,349 per month, assuming reasonable condition and based on the information available.
Bishops Way, Falmouth, TR11 lies within the TR11 postal district.
Our Data Sources
17, Bishops Way, Falmouth has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 17, Bishops Way, Falmouth would be worth £235,608, with a potential rental value of £1,416 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £208,681, with a rental value of £1,254 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 17, Bishops Way, Falmouth has declined by £2,559 (1.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £70 (5.2%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
17, Bishops Way, Falmouth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
17, Bishops Way, Falmouth last changed hands on 29th August 2019, selling for £202,995. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 15.0% since August 2019.
- Sold Aug 2019£202,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 890 metres of 17, Bishops Way, Falmouth across the last 2 years.
Most recently, Flat 2, Oakland House 8, Oakland Walk, Falmouth, TR11 4FN, a leasehold flat, sold at £235,000 on the 2nd June 2023.
Read more about house prices in TR11.
- Sold Jun 2023£235,000 | 2 Bed FlatFlat 2, Oakland House 8, Oakland Walk, Falmouth, TR11 4FNFlat 2, Oakland House 8, Oakland Walk, Falmouth, TR11 4FN
- Sold Jun 2018£194,995 | 2 Bed FlatFlat 1, Oakland House 8, Oakland Walk, Falmouth, TR11 4FNFlat 1, Oakland House 8, Oakland Walk, Falmouth, TR11 4FN
- Sold Jun 2018£202,995 | 2 Bed Flat9, Oakland Walk, Falmouth, TR11 4FN9, Oakland Walk, Falmouth, TR11 4FN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 17, Bishops Way, Falmouth as the 35th largest and the 35th most expensive of the 46 addresses on Bishops Way, Falmouth, TR11.
Against the TR11 postcode district average, it is £183k less expensive than the typical property.
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Schools Nearby
- 1.2kmSt Francis CofE Primary School
- 1.3kmSt Mary's Catholic Primary School, Falmouth
- 1.5kmPenryn Primary Academy
- 400mFalmouth School
- 1.3kmPenryn College
- 11.1kmRichard Lander School
More reading links
Public Transport Nearby
Penryn (Cornwall) station is the nearest stop to 17, Bishops Way, Falmouth at 1.4 kilometres away.
- 1.4kmPenryn (Cornwall)
- 1.7kmPenmere
- 2.8kmFalmouth Town
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
