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According to the public record, 2 Seaspell, Padstow is a modern leasehold apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Seaspell, Padstow is £702,470 and the estimated rental value is £2,389 per month.
Constantine Bay, Padstow, PL28 is located within the PL28 postal district.
2 Seaspell, Padstow has 2 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated April 2015.
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.
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 2 Seaspell, Padstow is in very good condition we estimate a sale value of £737,593 and a rental value of £2,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £653,297 and a rental value of £2,222 per month.
Over the last 12 months the sale value of 2 Seaspell Padstow has decreased by an estimated £15,663 (2.2%) and its rental value has increased by an estimated £135 per month (5.7%), giving an expected gross yield of 4.1%.
2 Seaspell, Padstow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, LPG.
According to HM Land Registry, 2 Seaspell, Padstow was last sold on 12th July 2019 for £535,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2019, the market for similar properties has dropped 37.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Seaspell, Padstow within a radius of 4.3 kilometres over the last 2 years.
The most recent example is Apartment 10, Treglos, Padstow, PL28 8GQ, a leasehold flat which sold for £725,000 on the 18th August 2023.
Read more about house prices in PL28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Constantine Bay, Padstow, PL28 has a total of 177 addresses. According to our analysis of all the public data, 2 Seaspell, Padstow is the 146th largest and the 138th most expensive property on the street.
When compared to the postcode district it is £140k more expensive than the average property in PL28.
The closest station to 2 Seaspell, Padstow is Newquay station which is 13.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 2 Seaspell, Padstow, 72.0% of property is privately owned outright and 12.0% 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 2 Seaspell, Padstow, 9.6% of residents are recorded as possessing school level qualifications and 45.8% 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 2 Seaspell, Padstow, the average age was 44.4 and the most common age was 62.
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 2 Seaspell, Padstow, 0.9% 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 2 Seaspell, Padstow, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.