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According to the public record, 3, Park Terrace, Looe is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 893 ft2 of internal area and sits on a 62.8 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Park Terrace, Looe is £249,022 and the estimated rental value is £1,266 per month.
Park Terrace, Looe, PL13 is located within the PL13 postal district.
3, Park Terrace, Looe has 41 entries in the Land Registry , most recently in May 2017 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 3, Park Terrace, Looe is in very good condition we estimate a sale value of £261,473 and a rental value of £1,329 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,590 and a rental value of £1,177 per month.
Over the last 12 months the sale value of 3 Park Terrace Looe has increased by an estimated £10,651 (4.3%) and its rental value has increased by an estimated £53 per month (4.2%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, 3, Park Terrace, Looe sits on a plot of 63m2.
We have plot size data on 4 out of 4 other houses in the postcode and 3, Park Terrace, Looe sits on the 2nd largest plot.
According to HM Land Registry, 3, Park Terrace, Looe was last sold on 23rd May 2017 for £176,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since May 2017, the market for similar properties has risen 27.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Park Terrace, Looe within a radius of 820 metres over the last 2 years.
The most recent example is 2 Vine Cottages, Fore Street, Looe, PL13 2EY, a freehold house which sold for £250,000 on the 19th September 2024.
Read more about house prices in PL13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Terrace, Looe, PL13 has a total of 4 addresses. According to our analysis of all the public data, 3, Park Terrace, Looe is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in PL13.
The closest station to 3, Park Terrace, Looe is Looe station which is 700 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 3, Park Terrace, Looe, 57.1% of property is privately owned outright and 22.3% 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 3, Park Terrace, Looe, 9.5% of residents are recorded as possessing school level qualifications and 33.9% 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 3, Park Terrace, 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 3, Park Terrace, Looe, 0.5% 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 3, Park Terrace, Looe, 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.