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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2 Cuckoo Mill is a period house with 882 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Cuckoo Mill is £321,731 and the estimated rental value is £1,419 per month.
Padstow, PL28 is located within the PL28 postal district.
2 Cuckoo Mill has no records in the the Land Registry and a single entry in the EPC database dated October 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Cuckoo Mill is in very good condition we estimate a sale value of £337,818 and a rental value of £1,490 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,210 and a rental value of £1,319 per month.
Over the last 12 months the sale value of 2 Cuckoo Mill has decreased by an estimated £11,993 (3.7%) and its rental value has increased by an estimated £51 per month (3.6%), giving an expected gross yield of 5.3%.
2 Cuckoo Mill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Oct 2022.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Cuckoo Mill within a radius of 2.6 kilometres over the last 2 years.
The most recent example is Unit 7C, Trecerus Industrial Estate, Padstow, PL28 8RW, a freehold house which sold for £280,000 on the 22nd February 2024.
Read more about house prices in PL28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Padstow, PL28 has a total of 69 addresses. According to our analysis of all the public data, 2 Cuckoo Mill is the 56th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £241k less expensive than the average property in PL28.
The closest station to 2 Cuckoo Mill is Newquay station which is 16.2 kilometres away.
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 Cuckoo Mill, 61.8% of property is privately owned outright and 25.5% is privately rented.
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 Cuckoo Mill, 5.4% of residents are recorded as possessing school level qualifications and 45.1% 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 2 Cuckoo Mill, 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 Cuckoo Mill, 1.8% 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 Cuckoo Mill, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
