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According to the public record, 4, Dracaena View, Falmouth is a mid-century leasehold apartment with 753 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 4, Dracaena View, Falmouth is £177,794 and the estimated rental value is £1,153 per month.
Dracaena View, Falmouth, TR11 is located within the TR11 postal district.
4, Dracaena View, Falmouth has a single entry in the Land Registry from May 2015 and a single entry in the EPC database dated January 2021.
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 4, Dracaena View, Falmouth is in very good condition we estimate a sale value of £186,684 and a rental value of £1,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,348 and a rental value of £1,072 per month.
Over the last 12 months the sale value of 4 Dracaena View Falmouth has decreased by an estimated £3,854 (2.2%) and its rental value has increased by an estimated £62 per month (5.4%), giving an expected gross yield of 7.8%.
4, Dracaena View, Falmouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Dracaena View, Falmouth was last sold on 29th May 2015 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen 62.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Dracaena View, Falmouth within a radius of 500 metres over the last 2 years.
The most recent example is 3, Dracaena View, Falmouth, TR11 2PY, a leasehold flat which sold for £179,188 on the 20th May 2019.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dracaena View, Falmouth, TR11 has a total of 24 addresses. According to our analysis of all the public data, 4, Dracaena View, Falmouth is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in TR11.
The closest station to 4, Dracaena View, Falmouth is Penmere station which is 1.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Dracaena View, Falmouth, 37.5% of property is socially rented and 25.0% 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 4, Dracaena View, Falmouth, 29.1% of residents are recorded as possessing school level qualifications and 29.8% 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 4, Dracaena View, Falmouth, the average age was 38.6 and the most common age was 22.
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 4, Dracaena View, Falmouth, 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 4, Dracaena View, Falmouth, 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.
