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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Menefreda Way, Wadebridge is a modern freehold house with 1,302 ft2 of internal area and sits on a 945 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Menefreda Way, Wadebridge is £630,187 and the estimated rental value is £1,881 per month.
Menefreda Way, St. Minver, Wadebridge, PL27 is located within the PL27 postal district.
7, Menefreda Way, Wadebridge has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated February 2022.
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 7, Menefreda Way, Wadebridge is in very good condition we estimate a sale value of £661,697 and a rental value of £1,975 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £586,074 and a rental value of £1,749 per month.
Over the last 12 months the sale value of 7 Menefreda Way Wadebridge has decreased by an estimated £2,136 (0.3%) and its rental value has increased by an estimated £80 per month (4.3%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 7, Menefreda Way, Wadebridge sits on a plot of 945m2.
We have plot size data on 10 out of 15 other houses in the postcode and 7, Menefreda Way, Wadebridge sits on the 3rd largest plot.
7, Menefreda Way, Wadebridge has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, 7, Menefreda Way, Wadebridge was last sold on 19th May 2022 for £650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 35.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Menefreda Way, Wadebridge within a radius of 3.5 kilometres over the last 2 years.
The most recent example is Summerleaze, Menefreda Way, Wadebridge, PL27 6QJ, a freehold house which sold for £735,000 on the 17th November 2023.
Read more about house prices in PL27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Menefreda Way, St. Minver, Wadebridge, PL27 has a total of 25 addresses. According to our analysis of all the public data, 7, Menefreda Way, Wadebridge is the 13th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in PL27.
The closest station to 7, Menefreda Way, Wadebridge is Roche station which is 16.3 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 7, Menefreda Way, Wadebridge, 48.7% of property is privately owned outright and 36.9% is privately rented.
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 7, Menefreda Way, Wadebridge, 16.6% of residents are recorded as possessing school level qualifications and 30.7% 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 7, Menefreda Way, Wadebridge, the average age was 48.3 and the most common age was 72.
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 7, Menefreda Way, Wadebridge, 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 7, Menefreda Way, Wadebridge, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
