2, Menefreda Way
2, Menefreda Way
Description & Estimates
2, Menefreda Way, Wadebridge is recorded publicly as a modern freehold house across 1,194 ft2 of internal area, sitting on a 445 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Menefreda Way, Wadebridge is £396,409 and its rental estimate is £1,551 per month, given the available information and assuming reasonable condition.
Menefreda Way, St. Minver, Wadebridge, PL27 falls within the PL27 postal district.
Our Data Sources
2, Menefreda Way, Wadebridge has 21 entries in the Land Registry , most recently in November 2019 and a single entry in the EPC database dated April 2018.
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
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 2, Menefreda Way, Wadebridge, we estimate a market value of £416,229 and a rental value of £1,628 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £368,660 and £1,442 per month respectively.
Recent Market Change
Over the last year, 2, Menefreda Way, Wadebridge has seen its estimated sale value move down by £1,735 (0.4%) and its estimated rental value increase by £65 per month (4.2%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 2, Menefreda Way, Wadebridge as measuring 445 m2.
That makes it the 6th largest plot in the postcode, where all 9 other houses have recorded plot data.
Energy Efficiency
2, Menefreda Way, Wadebridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, Menefreda Way, Wadebridge completed on 22nd November 2019 at £310,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 22.4% over the period since November 2019.
- Sold Nov 2019£310,000
- Sold Apr 2000£18,095
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Menefreda Way, Wadebridge have sold within a radius of 3.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th September 2024, was 1 Treglyn Farm Cottages, Wadebridge, PL27 6RG, a freehold house which sold for £395,000.
Read more about house prices in PL27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 25 addresses on Menefreda Way, St. Minver, Wadebridge, PL27, 2, Menefreda Way, Wadebridge comes out as the 15th largest and the 18th most expensive in our analysis of the public data.
It is also £184k less expensive than the average property across the PL27 district.
More reading links
Schools Nearby
- 1.7kmSt Minver School
- 4.8kmPort Isaac Academy
- 5.2kmWadebridge Primary Academy
- 5.2kmWadebridge School
- 15.0kmSir James Smith's School
- 15.9kmBodmin College
More reading links
Public Transport Nearby
From 2, Menefreda Way, Wadebridge, the nearest station is Roche, 16.0 kilometres away.
- 16.0kmRoche
- 18.5kmSt Columb Road
- 18.6kmBugle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
