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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
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According to the public record, 3 The Long Store, Padstow is a modern leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 The Long Store, Padstow is £859,848 and the estimated rental value is £2,630 per month.
The apartment is within The Long Store, Station Road, Padstow, PL28.
Station Road, Padstow, PL28 is located within the PL28 postal district.
3 The Long Store, Padstow has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated June 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 3 The Long Store, Padstow is in very good condition we estimate a sale value of £902,841 and a rental value of £2,761 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £799,659 and a rental value of £2,446 per month.
Over the past 12 months, the estimated sale value of 3 The Long Store, Padstow has moved up by £8,725 (1.0%), while its estimated rental value has increased by £150 per month (5.7%). Based on current estimates, the property offers a gross rental yield of 3.7%.
3 The Long Store, Padstow has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Ground source heat pump, underfloor, electric.
According to HM Land Registry, 3 The Long Store, Padstow was last sold on 5th September 2023 for £800,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has dropped by 46.3%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 The Long Store, Padstow within a radius of 1.9 kilometres over the last 2 years.
The most recent example is The Sail Loft, Station Road, Padstow, PL28 8DB, a leasehold flat which sold for £800,000 on the 28th September 2023.
Read more about house prices in PL28.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Padstow, PL28 has a total of 19 addresses. According to our analysis of all the public data, 3 The Long Store, Padstow is the 12th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £280k more expensive than the average property in PL28.
The closest station to 3 The Long Store, Padstow is Roche station, which is 15.5 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 3 The Long Store, Padstow, 34.3% of property is privately owned outright and 32.9% is socially 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 The Long Store, Padstow, 16.3% of residents are recorded as possessing school level qualifications and 27.3% 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 3 The Long Store, Padstow, the average age was 44.4 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 3 The Long Store, Padstow, 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 3 The Long Store, Padstow, 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.
