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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
According to the public record, 2 The Arches, Looe is a period leasehold apartment with 1,582 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 The Arches, Looe is £361,135 and the estimated rental value is £1,324 per month.
The apartment is within The Arches, Hannafore Road, Looe, PL13.
Hannafore Road, Looe, PL13 is located within the PL13 postal district.
2 The Arches, Looe has 3 entries in the Land Registry , most recently in November 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 The Arches, Looe is in very good condition we estimate a sale value of £379,192 and a rental value of £1,390 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £335,856 and a rental value of £1,232 per month.
Over the last 12 months the sale value of 2 The Arches Looe has increased by an estimated £11,455 (3.2%) and its rental value has increased by an estimated £67 per month (5.1%), giving an expected gross yield of 4.4%.
2 The Arches, Looe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2023.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 The Arches, Looe was last sold on 23rd November 2023 for £425,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2023, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2 The Arches, Looe within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Flat, The Old Mill, Looe, PL13 2AF, a leasehold flat which sold for £400,000 on the 28th April 2023.
Read more about house prices in PL13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hannafore Road, Looe, PL13 has a total of 54 addresses. According to our analysis of all the public data, 2 The Arches, Looe is the 7th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in PL13.
The closest station to 2 The Arches, Looe is Looe station which is 1.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 The Arches, Looe, 35.9% of property is privately owned outright and 32.1% 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 The Arches, Looe, 8.1% of residents are recorded as possessing school level qualifications and 24.4% 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 The Arches, Looe, the average age was 52.5 and the most common age was 72.
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 The Arches, Looe, 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 The Arches, Looe, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
