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According to the public record, 5 The Bay, The Bound, Torpoint is a modern leasehold apartment with 1,356 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5 The Bay, The Bound, Torpoint is £944,557 and the estimated rental value is £4,125 per month.
The Bound, Cawsand, Torpoint, PL10 is located within the PL10 postal district.
5 The Bay, The Bound, Torpoint has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated December 2018.
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 5 The Bay, The Bound, Torpoint is in very good condition we estimate a sale value of £991,784 and a rental value of £4,332 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £878,438 and a rental value of £3,837 per month.
Over the last 12 months the sale value of 5 The Bay The Bound Torpoint has increased by an estimated £39,995 (4.2%) and its rental value has increased by an estimated £176 per month (4.3%), giving an expected gross yield of 5.2%.
5 The Bay, The Bound, Torpoint has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 5 The Bay, The Bound, Torpoint was last sold on 10th September 2020 for £535,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2020, the market for similar properties has dropped 58.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 The Bay, The Bound, Torpoint within a radius of 4.0 kilometres over the last 2 years.
The most recent example is 4 The Bay, The Bound, Torpoint, PL10 1PG, a leasehold flat which sold for £1,225,000 on the 8th April 2024.
Read more about house prices in PL10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Bound, Cawsand, Torpoint, PL10 has a total of 11 addresses. According to our analysis of all the public data, 5 The Bay, The Bound, Torpoint is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £629k more expensive than the average property in PL10.
The closest station to 5 The Bay, The Bound, Torpoint is Devonport station which is 5.7 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 5 The Bay, The Bound, Torpoint, 71.6% of property is privately owned outright and 13.7% is privately owned with a mortgage.
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 5 The Bay, The Bound, Torpoint, 7.5% of residents are recorded as possessing school level qualifications and 39.5% 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 5 The Bay, The Bound, Torpoint, the average age was 48.2 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 5 The Bay, The Bound, Torpoint, 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 5 The Bay, The Bound, Torpoint, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.