5, St. Michaels Reach
5, St. Michaels Reach
Description & Estimates
According to the public record, 5, St. Michaels Reach, Marazion is a freehold house that sits on a 117 m2 plot.
By comparing it to neighbours, we estimate that it is a modern house with 1,684 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, St. Michaels Reach, Marazion is £844,497 and the estimated rental value is £1,906 per month.
St. Michaels Reach, Marazion, TR17 is located within the TR17 postal district.
Our Data Sources
5, St. Michaels Reach, Marazion has 2 entries in the Land Registry , most recently in December 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 5, St. Michaels Reach, Marazion is in very good condition we estimate a sale value of £886,722 and a rental value of £2,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £785,382 and a rental value of £1,773 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, St. Michaels Reach, Marazion has dropped by £23,044 (2.7%), while its estimated rental value has risen by £75 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 2.7%.
Plot Size
According to data from HM Land Registry, 5, St. Michaels Reach, Marazion sits on a plot of 117 m2.
We have plot size data on 5 out of 7 other houses in the postcode and 5, St. Michaels Reach, Marazion sits on the 3rd largest plot.
Sold Prices
According to HM Land Registry, 5, St. Michaels Reach, Marazion was last sold on 13th December 2016 for £699,950 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2016, the market for similar properties has risen by 20.8%.
- Sold Dec 2016£699,950
- Sold Sep 2012£525,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, St. Michaels Reach, Marazion within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 6, St. Michaels Reach, Marazion, TR17 0AB, a freehold house which sold for £1,100,000 on the 16th August 2022.
Read more about house prices in TR17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
St. Michaels Reach, Marazion, TR17 has a total of 7 addresses. According to our analysis of all the public data, 5, St. Michaels Reach, Marazion is the largest and the most expensive property on the street.
When compared to the postcode district it is £443k more expensive than the average property in TR17.
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Schools Nearby
- 400mMarazion School
- 2.6kmLudgvan School
- 3.4kmSt Hilary School
- 5.1kmHumphry Davy School
- 6.2kmMounts Bay Academy
- 8.0kmHayle Academy
More reading links
Public Transport Nearby
The closest station to 5, St. Michaels Reach, Marazion is Penzance station, which is 4.5 kilometres away.
- 4.5kmPenzance
- 5.5kmSt Erth
- 6.5kmLelant Saltings
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
