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According to the public record, 8, Mellanear Road, Hayle is an early-century freehold house with 559 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Mellanear Road, Hayle is £142,973 and the estimated rental value is £783 per month.
Mellanear Road, Hayle, TR27 is located within the TR27 postal district.
8, Mellanear Road, Hayle has 21 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated March 2015.
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 8, Mellanear Road, Hayle is in very good condition we estimate a sale value of £150,121 and a rental value of £822 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,965 and a rental value of £728 per month.
Over the past 12 months, the estimated sale value of 8, Mellanear Road, Hayle has moved down by £2,262 (1.6%), while its estimated rental value has increased by £40 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 6.6%.
8, Mellanear Road, Hayle has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Mar 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, 8, Mellanear Road, Hayle was last sold on 25th January 2016 for £105,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2016, the market for similar properties has risen by 44.4%.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8, Mellanear Road, Hayle within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 41, Bay View Terrace, Hayle, TR27 4JY, a freehold house which sold for £129,950 on the 9th December 2020.
Read more about house prices in TR27.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mellanear Road, Hayle, TR27 has a total of 40 addresses. According to our analysis of all the public data, 8, Mellanear Road, Hayle is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in TR27.
The closest station to 8, Mellanear Road, Hayle is Hayle station, which is 800 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 8, Mellanear Road, Hayle, 70.5% of property is privately owned outright and 17.0% 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 8, Mellanear Road, Hayle, 7.0% of residents are recorded as possessing school level qualifications and 22.3% 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, Mellanear Road, Hayle, the average age was 44.4 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, Mellanear Road, Hayle, 0.9% 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, Mellanear Road, Hayle, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.