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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 2, Riverside View, Looe is £333,445 and the estimated rental value is £1,186 per month.
The apartment is within Riverside View, Station Road, Looe, PL13.
Station Road, Looe, PL13 is located within the PL13 postal district.
Apartment 2, Riverside View, Looe has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated July 2017.
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 Apartment 2, Riverside View, Looe is in very good condition we estimate a sale value of £350,117 and a rental value of £1,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,104 and a rental value of £1,103 per month.
Over the last 12 months the sale value of Apartment 2 Riverside View Looe has increased by an estimated £15,431 (4.6%) and its rental value has increased by an estimated £53 per month (4.4%), giving an expected gross yield of 4.3%.
Apartment 2, Riverside View, Looe has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Jul 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Apartment 2, Riverside View, Looe was last sold on 9th March 2018 for £265,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2018, the market for similar properties has risen 29.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 2, Riverside View, Looe within a radius of 670 metres over the last 2 years.
The most recent example is Apartment 3, Riverside View, Station Road, Looe, PL13 1FF, a leasehold flat which sold for £285,000 on the 6th November 2020.
Read more about house prices in PL13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Looe, PL13 has a total of 31 addresses. According to our analysis of all the public data, Apartment 2, Riverside View, Looe is the 19th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in PL13.
The closest station to Apartment 2, Riverside View, Looe is Looe station which is 100 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 2, Riverside View, Looe, 45.1% of property is privately owned outright and 29.2% 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 Apartment 2, Riverside View, Looe, 8.3% of residents are recorded as possessing school level qualifications and 34.3% 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 Apartment 2, Riverside View, Looe, the average age was 52.5 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 Apartment 2, Riverside View, Looe, 0.4% 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 Apartment 2, Riverside View, Looe, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.