3, Prospect Place
3, Prospect Place
Description & Estimates
Public records show 3, Prospect Place, Falmouth to be a period freehold house with 990 ft2 of internal area, sitting on a 90.3 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Prospect Place, Falmouth has an estimated sale value of £511,554 and an estimated rental value of £1,895 per month, assuming reasonable condition and based on the information available.
Prospect Place, Falmouth, TR11 lies within the TR11 postal district.
Our Data Sources
3, Prospect Place, Falmouth has 21 entries in the Land Registry , most recently in July 2007 and a single entry in the EPC database dated November 2024.
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.
Price Range & Condition
In very good condition, we estimate 3, Prospect Place, Falmouth would be worth £537,132, with a potential rental value of £1,990 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £475,746, with a rental value of £1,763 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Prospect Place, Falmouth has decreased by £8,629 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £86 (4.6%). The property's estimated gross yield is currently 4.4%.
Plot Size
3, Prospect Place, Falmouth occupies a 90 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
3, Prospect Place, Falmouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Nov 2024.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Prospect Place, Falmouth last changed hands on 27th July 2007, selling for £362,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 45.2% since July 2007.
- Sold Jul 2007£362,000
- Sold Jun 2004£275,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 3, Prospect Place, Falmouth across the last 2 years.
Most recently, 20, Dunstanville Terrace, Falmouth, TR11 2SW, a freehold house, sold at £485,000 on the 18th October 2024.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Prospect Place, Falmouth as the 3rd largest and the 3rd most expensive of the 5 addresses on Prospect Place, Falmouth, TR11.
Against the TR11 postcode district average, it is £104k more expensive than the typical property.
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Schools Nearby
- 400mFalmouth Primary Academy
- 800mFlushing School
- 1.1kmKing Charles Church of England Primary School
- 1.5kmFalmouth School
- 3.1kmPenryn College
- 11.4kmRichard Lander School
More reading links
Public Transport Nearby
Penmere station is the nearest stop to 3, Prospect Place, Falmouth at 1.1 kilometres away.
- 1.1kmPenmere
- 1.3kmFalmouth Town
- 1.6kmFalmouth Docks
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
