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8, Hope Street, Wadebridge is recorded publicly as a modern freehold house across 1,367 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Hope Street, Wadebridge is £467,106 and its rental estimate is £1,746 per month, given the available information and assuming reasonable condition.
Hope Street, Wadebridge, PL27 falls within the PL27 postal district.
8, Hope Street, Wadebridge has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 8, Hope Street, Wadebridge, we estimate a market value of £490,461 and a rental value of £1,833 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £434,409 and £1,624 per month respectively.
Over the last year, 8, Hope Street, Wadebridge has seen its estimated sale value fall by £1,583 (0.3%) and its estimated rental value move up by £74 per month (4.3%). This results in an estimated gross rental yield of 4.5%.
8, Hope Street, Wadebridge has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8, Hope Street, Wadebridge completed on 21st December 2023 at £485,000 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 21.3% over the period since December 2023.
Over the past 2 years 3 properties similar to 8, Hope Street, Wadebridge have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 14, Hope Street, Wadebridge, PL27 6GJ, a freehold house which sold for £400,000.
Read more about house prices in PL27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 59 addresses on Hope Street, Wadebridge, PL27, 8, Hope Street, Wadebridge comes out as the 3rd largest and the 21st most expensive in our analysis of the public data.
It is also £113k less expensive than the average property across the PL27 district.
From 8, Hope Street, Wadebridge, the nearest station is Roche, 11.1 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Hope Street, Wadebridge, 40.7% of property is privately rented and 30.5% is privately owned outright.
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 8, Hope Street, Wadebridge, 17.1% of residents are recorded as possessing school level qualifications and 32.4% 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 8, Hope Street, 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 8, Hope Street, 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 8, Hope Street, Wadebridge, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.