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According to the public record, 2 Royal Cottage, Palace Yard, St. Ives is a period leasehold house with 791 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Royal Cottage, Palace Yard, St. Ives is £305,692 and the estimated rental value is £1,553 per month.
Palace Yard, St. Ives, TR26 is located within the TR26 postal district.
2 Royal Cottage, Palace Yard, St. Ives has 21 entries in the Land Registry , most recently in April 2017 and a single entry in the EPC database dated May 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.
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 Royal Cottage, Palace Yard, St. Ives is in very good condition we estimate a sale value of £320,976 and a rental value of £1,631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,293 and a rental value of £1,445 per month.
Over the last 12 months the sale value of 2 Royal Cottage Palace Yard St. Ives has decreased by an estimated £8,686 (2.8%) and its rental value has increased by an estimated £66 per month (4.2%), giving an expected gross yield of 6.1%.
2 Royal Cottage, Palace Yard, St. Ives has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 May 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, mains gas.
According to HM Land Registry, 2 Royal Cottage, Palace Yard, St. Ives was last sold on 26th April 2017 for £203,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since April 2017, the market for similar properties has dropped 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Royal Cottage, Palace Yard, St. Ives within a radius of 480 metres over the last 2 years.
The most recent example is 7, Dove Street, St. Ives, TR26 2LZ, a freehold house which sold for £325,000 on the 24th March 2021.
Read more about house prices in TR26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace Yard, St. Ives, TR26 has a total of 3 addresses. According to our analysis of all the public data, 2 Royal Cottage, Palace Yard, St. Ives is the largest and the most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in TR26.
The closest station to 2 Royal Cottage, Palace Yard, St. Ives is St Ives (Cornwall) station which is 400 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 Royal Cottage, Palace Yard, St. Ives, 53.3% of property is privately owned outright and 32.5% 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 Royal Cottage, Palace Yard, St. Ives, 6.9% of residents are recorded as possessing school level qualifications and 28.3% 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 Royal Cottage, Palace Yard, St. Ives, the average age was 47.5 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 Royal Cottage, Palace Yard, St. Ives, 0.0% 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 Royal Cottage, Palace Yard, St. Ives, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.