2, Chi Lowen Drive
2, Chi Lowen Drive
Description & Estimates
Public records show 2, Chi Lowen Drive, Falmouth to be a modern freehold house with 1,076 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Chi Lowen Drive, Falmouth has an estimated sale value of £462,737 and an estimated rental value of £2,088 per month, assuming reasonable condition and based on the information available.
Chi Lowen Drive, Falmouth, TR11 lies within the TR11 postal district.
Our Data Sources
2, Chi Lowen Drive, Falmouth has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated November 2020.
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
In very good condition, we estimate 2, Chi Lowen Drive, Falmouth would be worth £485,874, with a potential rental value of £2,193 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £430,345, with a rental value of £1,942 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 2, Chi Lowen Drive, Falmouth has fallen by £7,805 (1.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £95 (4.6%). The property's estimated gross yield is currently 5.4%.
Energy Efficiency
2, Chi Lowen Drive, Falmouth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Chi Lowen Drive, Falmouth last changed hands on 28th June 2022, selling for £495,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 13.4% since June 2022.
- Sold Jun 2022£495,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 660 metres of 2, Chi Lowen Drive, Falmouth across the last 2 years.
Most recently, 15, Queen Anne Gardens, Falmouth, TR11 4SW, a freehold house, sold at £470,000 on the 30th October 2024.
Read more about house prices in TR11.
•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 2, Chi Lowen Drive, Falmouth as the 3rd largest and the 3rd most expensive of the 4 addresses on Chi Lowen Drive, Falmouth, TR11.
Against the TR11 postcode district average, it is £55k more expensive than the typical property.
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Schools Nearby
- 200mSt Mary's Catholic Primary School, Falmouth
- 400mSt Francis CofE Primary School
- 800mMarlborough School
- 1.1kmFalmouth School
- 2.7kmPenryn College
- 12.4kmRichard Lander School
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Public Transport Nearby
Penmere station is the nearest stop to 2, Chi Lowen Drive, Falmouth at 500 metres away.
- 500mPenmere
- 1.8kmFalmouth Town
- 2.4kmFalmouth Docks
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
