4, Park Drive
4, Park Drive
Description & Estimates
Public records show 4, Park Drive, Falmouth to be a modern freehold house with 790 ft2 of internal area, sitting on a 948 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Park Drive, Falmouth has an estimated sale value of £499,714 and an estimated rental value of £1,617 per month, assuming reasonable condition and based on the information available.
Park Drive, Falmouth, TR11 lies within the TR11 postal district.
Our Data Sources
4, Park Drive, Falmouth has a single entry in the Land Registry from April 2009 and a single entry in the EPC database dated January 2009.
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 4, Park Drive, Falmouth would be worth £524,700, with a potential rental value of £1,698 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £464,734, with a rental value of £1,504 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 4, Park Drive, Falmouth has dropped by £8,429 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £74 (4.6%). The property's estimated gross yield is currently 3.9%.
Plot Size
4, Park Drive, Falmouth occupies a 948 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
4, Park Drive, Falmouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jan 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using SAP05:Main-Heating.
Sold Prices
4, Park Drive, Falmouth last changed hands on 24th April 2009, selling for £300,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 107.7% since April 2009.
- Sold Apr 2009£300,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 530 metres of 4, Park Drive, Falmouth across the last 2 years.
Most recently, 5, Park Crescent, Falmouth, TR11 2DL, a freehold house, sold at £395,000 on the 12th August 2019.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 4, Park Drive, Falmouth as the 4th largest and the 2nd most expensive of the 4 addresses on Park Drive, Falmouth, TR11.
Against the TR11 postcode district average, it is £92k more expensive than the typical property.
More reading links
Schools Nearby
- 200mFalmouth Primary Academy
- 900mKing Charles Church of England Primary School
- 900mSt Mary's Catholic Primary School, Falmouth
- 1.1kmFalmouth School
- 2.8kmPenryn College
- 11.7kmRichard Lander School
More reading links
Public Transport Nearby
Penmere station is the nearest stop to 4, Park Drive, Falmouth at 600 metres away.
- 600mPenmere
- 1.4kmFalmouth Town
- 1.8kmFalmouth Docks
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
