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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
7, St. Michaels Reach, Marazion appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,558 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 7, St. Michaels Reach, Marazion is £807,750 and its rental estimate is £1,845 per month, given the available information and assuming reasonable condition.
St. Michaels Reach, Marazion, TR17 falls within the TR17 postal district.
7, St. Michaels Reach, Marazion has 2 entries in the Land Registry , most recently in May 2015 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.
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 7, St. Michaels Reach, Marazion, we estimate a market value of £848,137 and a rental value of £1,938 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £751,207 and £1,716 per month respectively.
Over the last year, 7, St. Michaels Reach, Marazion has seen its estimated sale value move down by £22,042 (2.7%) and its estimated rental value increase by £73 per month (3.9%). This results in an estimated gross rental yield of 2.7%.
The most recent sale of 7, St. Michaels Reach, Marazion completed on 15th May 2015 at £630,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 24.6% over the period since May 2015.
Over the past 2 years 3 properties similar to 7, St. Michaels Reach, Marazion have sold within a radius of 2.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2022, was 6, St. Michaels Reach, Marazion, TR17 0AB, a freehold house which sold for £1,100,000.
Read more about house prices in TR17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 7 addresses on St. Michaels Reach, Marazion, TR17, 7, St. Michaels Reach, Marazion comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £406k more expensive than the average property across the TR17 district.
From 7, St. Michaels Reach, Marazion, the nearest station is Penzance, 4.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, St. Michaels Reach, Marazion, 59.6% of property is privately owned outright and 23.2% 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, St. Michaels Reach, Marazion, 7.3% of residents are recorded as possessing school level qualifications and 32.9% 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, St. Michaels Reach, Marazion, the average age was 46.3 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, St. Michaels Reach, Marazion, 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, St. Michaels Reach, Marazion, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
