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According to the public record, 2 Marcells, West Hill, Wadebridge is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 634 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Marcells, West Hill, Wadebridge is £156,181 and the estimated rental value is £892 per month.
The apartment is within 2, West Hill, Wadebridge, PL27.
West Hill, Wadebridge, PL27 is located within the PL27 postal district.
2 Marcells, West Hill, Wadebridge has 21 entries in the Land Registry , most recently in February 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Marcells, West Hill, Wadebridge is in very good condition we estimate a sale value of £163,990 and a rental value of £937 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,248 and a rental value of £830 per month.
Over the last 12 months the sale value of 2 Marcells West Hill Wadebridge has decreased by an estimated £1,458 (0.9%) and its rental value has increased by an estimated £55 per month (6.2%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 2 Marcells, West Hill, Wadebridge was last sold on 28th February 2011 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2011, the market for similar properties has risen 37.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Marcells, West Hill, Wadebridge within a radius of 1.4 kilometres over the last 2 years.
The most recent example is Flat 5, Chesterton Court, West Hill, Wadebridge, PL27 7EP, a leasehold flat which sold for £185,000 on the 8th July 2022.
Read more about house prices in PL27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Hill, Wadebridge, PL27 has a total of 96 addresses. According to our analysis of all the public data, 2 Marcells, West Hill, Wadebridge is the 81st largest and the 90th most expensive property on the street.
When compared to the postcode district it is £406k less expensive than the average property in PL27.
The closest station to 2 Marcells, West Hill, Wadebridge is Roche station which is 11.3 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 Marcells, West Hill, Wadebridge, 44.9% of property is privately owned outright and 25.8% 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 Marcells, West Hill, Wadebridge, 18.9% of residents are recorded as possessing school level qualifications and 35.7% 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 Marcells, West Hill, Wadebridge, the average age was 48.3 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 Marcells, West Hill, Wadebridge, 1.2% 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 Marcells, West Hill, Wadebridge, 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.
