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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 Cliff Edge, Narrowcliff, Newquay is a modern leasehold apartment with 1,054 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 Cliff Edge, Narrowcliff, Newquay is £372,724 and the estimated rental value is £1,238 per month.
Narrowcliff, Newquay, TR7 is located within the TR7 postal district.
2 Cliff Edge, Narrowcliff, Newquay has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Cliff Edge, Narrowcliff, Newquay is in very good condition we estimate a sale value of £391,360 and a rental value of £1,300 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,633 and a rental value of £1,152 per month.
Over the last 12 months the sale value of 2 Cliff Edge Narrowcliff Newquay has decreased by an estimated £12,685 (3.4%) and its rental value has increased by an estimated £64 per month (5.2%), giving an expected gross yield of 4%.
2 Cliff Edge, Narrowcliff, Newquay has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Mar 2022.
The property is not connected to mains gas and has some secondary glazing. It is heated using Community scheme.
According to HM Land Registry, 2 Cliff Edge, Narrowcliff, Newquay was last sold on 6th May 2022 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 40.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Cliff Edge, Narrowcliff, Newquay within a radius of 700 metres over the last 2 years.
The most recent example is 34 Cliff Edge, Narrowcliff, Newquay, TR7 2FX, a leasehold flat which sold for £395,000 on the 16th August 2023.
Read more about house prices in TR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Narrowcliff, Newquay, TR7 has a total of 142 addresses. According to our analysis of all the public data, 2 Cliff Edge, Narrowcliff, Newquay is the 40th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in TR7.
The closest station to 2 Cliff Edge, Narrowcliff, Newquay is Newquay station which is 300 metres 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 Cliff Edge, Narrowcliff, Newquay, 42.0% of property is privately rented and 29.8% 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 Cliff Edge, Narrowcliff, Newquay, 15.3% of residents are recorded as possessing school level qualifications and 25.6% 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 Cliff Edge, Narrowcliff, Newquay, the average age was 43 and the most common age was 52.
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 Cliff Edge, Narrowcliff, Newquay, 0.2% 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 Cliff Edge, Narrowcliff, Newquay, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
