5, Prospect Place
5, Prospect Place
Description & Estimates
5, Prospect Place, Falmouth is described in the public record as a period house with 1,087 ft2 of internal area, sitting on a 116 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Prospect Place, Falmouth is £516,075 and its rental estimate is £1,857 per month, given the available information and assuming reasonable condition.
Prospect Place, Falmouth, TR11 falls within the TR11 postal district.
Our Data Sources
5, Prospect Place, Falmouth has no records in the the Land Registry and a single entry in the EPC database dated January 2018.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Prospect Place, Falmouth, we estimate a market value of £541,879 and a rental value of £1,950 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £479,950 and £1,727 per month respectively.
Recent Market Change
Over the last year, 5, Prospect Place, Falmouth has seen its estimated sale value drop by £8,705 (1.7%) and its estimated rental value rise by £85 per month (4.6%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 5, Prospect Place, Falmouth as measuring 116 m2.
That makes it the largest plot in the postcode, where 4 of the 5 other houses have recorded plot data.
Energy Efficiency
5, Prospect Place, Falmouth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Jan 2018.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Prospect Place, Falmouth have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 20, Dunstanville Terrace, Falmouth, TR11 2SW, a freehold house which sold for £485,000.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 5 addresses on Prospect Place, Falmouth, TR11, 5, Prospect Place, Falmouth comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £109k more expensive than the average property across the TR11 district.
More reading links
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
From 5, Prospect Place, Falmouth, the nearest station is Penmere, 1.1 kilometres away.
- 1.1kmPenmere
- 1.3kmFalmouth Town
- 1.6kmFalmouth Docks
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
