6, Penmere Drive
6, Penmere Drive
Description & Estimates
6, Penmere Drive, Falmouth is recorded publicly as a modern freehold house across 1,474 ft2 of internal area, sitting on a 595 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 6, Penmere Drive, Falmouth is £609,835 and its rental estimate is £2,190 per month, given the available information and assuming reasonable condition.
Penmere Drive, Falmouth, TR11 falls within the TR11 postal district.
Our Data Sources
6, Penmere Drive, Falmouth has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated December 2019.
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
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 6, Penmere Drive, Falmouth, we estimate a market value of £640,327 and a rental value of £2,299 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £567,146 and £2,037 per month respectively.
Recent Market Change
Over the last year, 6, Penmere Drive, Falmouth has seen its estimated sale value drop by £14,591 (2.4%) and its estimated rental value rise by £80 per month (3.6%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 6, Penmere Drive, Falmouth as measuring 595 m2.
That makes it the 3rd largest plot in the postcode, where 7 of the 9 other houses have recorded plot data.
Energy Efficiency
6, Penmere Drive, Falmouth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Dec 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 6, Penmere Drive, Falmouth completed on 3rd November 2020 at £565,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 19.9% over the period since November 2020.
- Sold Nov 2020£565,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Penmere Drive, Falmouth have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th May 2021, was 1, Penmere Drive, Falmouth, TR11 4GF, a freehold house which sold for £500,000.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 9 addresses on Penmere Drive, Falmouth, TR11, 6, Penmere Drive, Falmouth comes out as the 8th largest and the 4th most expensive in our analysis of the public data.
It is also £203k more expensive than the average property across the TR11 district.
More reading links
Schools Nearby
- 300mSt Mary's Catholic Primary School, Falmouth
- 500mSt Francis CofE Primary School
- 600mMarlborough School
- 1.2kmFalmouth School
- 2.8kmPenryn College
- 12.4kmRichard Lander School
More reading links
Public Transport Nearby
From 6, Penmere Drive, Falmouth, the nearest station is Penmere, 400 metres away.
- 400mPenmere
- 1.6kmFalmouth Town
- 2.3kmFalmouth Docks
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
