Flat 1, 42
Flat 1, 42
Description & Estimates
Flat 1, 42, Esplanade, Fowey is recorded publicly as a period leasehold apartment across 1,506 ft2 of internal area.
Locally, apartments of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 42, Esplanade, Fowey is £864,984 and its rental estimate is £2,378 per month, given the available information and assuming reasonable condition.
42, Esplanade is a residential building on Esplanade, Fowey, PL23 and falls within the PL23 postal district.
Our Data Sources
Flat 1, 42, Esplanade, Fowey has 31 entries in the Land Registry , most recently in April 2017 and a single entry in the EPC database dated September 2016.
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.
Price Range & Condition
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 Flat 1, 42, Esplanade, Fowey, we estimate a market value of £908,233 and a rental value of £2,497 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £804,435 and £2,211 per month respectively.
Recent Market Change
Over the last year, Flat 1, 42, Esplanade, Fowey has seen its estimated sale value move up by £13,754 (1.6%) and its estimated rental value increase by £157 per month (6.6%). This results in an estimated gross rental yield of 3.3%.
Energy Efficiency
Flat 1, 42, Esplanade, Fowey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Sep 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of Flat 1, 42, Esplanade, Fowey completed on 19th April 2017 at £772,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 11.2% over the period since April 2017.
- Sold Apr 2017£772,500
- Sold Dec 2004£410,000
- Sold Sep 1999£180,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 42, Esplanade, Fowey have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th May 2021, was Flat 2, 42, Esplanade, Fowey, PL23 1HZ, a leasehold flat which sold for £730,000.
Read more about house prices in PL23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 114 addresses on Esplanade, Fowey, PL23, Flat 1, 42, Esplanade, Fowey comes out as the 38th largest and the 44th most expensive in our analysis of the public data.
It is also £529k more expensive than the average property across the PL23 district.
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Schools Nearby
- 500mFowey Primary School
- 800mPolruan Primary Academy
- 5.2kmTywardreath School
- 400mFowey River Academy
- 9.3kmPenrice Academy
- 10.6kmPoltair School
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Public Transport Nearby
From Flat 1, 42, Esplanade, Fowey, the nearest station is Par, 5.3 kilometres away.
- 5.3kmPar
- 8.5kmLostwithiel
- 10.0kmLuxulyan
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
