Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 7, Penmere Drive, Falmouth is a modern freehold house with 1,474 ft2 of internal area and sits on a 789 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, Penmere Drive, Falmouth is £615,755 and the estimated rental value is £2,181 per month.
Penmere Drive, Falmouth, TR11 is located within the TR11 postal district.
7, 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.
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, Penmere Drive, Falmouth is in very good condition we estimate a sale value of £646,543 and a rental value of £2,290 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £572,653 and a rental value of £2,029 per month.
Over the past 12 months, the estimated sale value of 7, Penmere Drive, Falmouth has fallen by £14,732 (2.4%), while its estimated rental value has moved up by £79 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 4.3%.
According to data from HM Land Registry, 7, Penmere Drive, Falmouth sits on a plot of 789 m2.
We have plot size data on 7 out of 9 other houses in the postcode and 7, Penmere Drive, Falmouth sits on the 2nd largest plot.
7, 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.
According to HM Land Registry, 7, Penmere Drive, Falmouth was last sold on 3rd November 2020 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen by 19.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Penmere Drive, Falmouth within a radius of 620 metres over the last 2 years.
The most recent example is 1, Penmere Drive, Falmouth, TR11 4GF, a freehold house which sold for £500,000 on the 11th May 2021.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penmere Drive, Falmouth, TR11 has a total of 9 addresses. According to our analysis of all the public data, 7, Penmere Drive, Falmouth is the 9th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £208k more expensive than the average property in TR11.
The closest station to 7, Penmere Drive, Falmouth is Penmere station, which is 400 metres away.
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, Penmere Drive, Falmouth, 42.3% of property is privately owned outright and 42.3% 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 7, Penmere Drive, Falmouth, 18.9% of residents are recorded as possessing school level qualifications and 36.6% 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, Penmere Drive, Falmouth, the average age was 42.9 and the most common age was 52.
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, Penmere Drive, Falmouth, 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, Penmere Drive, Falmouth, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
