Flat 1, Mount Wise
Flat 1, Mount Wise
Description & Estimates
According to the public record, Flat 1, Mount Wise, Falmouth is a period leasehold apartment with 527 ft2 of internal area.
Apartments 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 Flat 1, Mount Wise, Falmouth is £256,485 and the estimated rental value is £1,271 per month.
The apartment is within Mount Wise, Pikes Hill, Falmouth, TR11.
Pikes Hill, Falmouth, TR11 is located within the TR11 postal district.
Our Data Sources
Flat 1, Mount Wise, Falmouth has 51 entries in the Land Registry , most recently in November 2020 and a single entry in the EPC database dated October 2014.
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
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 Flat 1, Mount Wise, Falmouth is in very good condition we estimate a sale value of £269,309 and a rental value of £1,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,531 and a rental value of £1,182 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, Mount Wise, Falmouth has dropped by £1,560 (0.6%), while its estimated rental value has risen by £71 per month (5.6%). Based on current estimates, the property offers a gross rental yield of 5.9%.
Energy Efficiency
Flat 1, Mount Wise, Falmouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2014.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, Mount Wise, Falmouth was last sold on 20th November 2020 for £235,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since November 2020, the market for similar properties has dropped by 7.2%.
- Sold Nov 2020£235,000
- Sold Nov 2015£190,000
- Sold Jul 2007£164,700
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Mount Wise, Falmouth within a radius of 510 metres over the last 2 years.
The most recent example is Flat 4, Gyllyng Hall, Gyllyng Street, Falmouth, TR11 3EL, a leasehold flat which sold for £250,000 on the 2nd February 2022.
Read more about house prices in TR11.
- Sold Feb 2022£250,000 | 2 Bed FlatGyllyng Hall, Gyllyng StreetFlat 4, Gyllyng Hall, Gyllyng Street, Falmouth, TR11 3EL
- Sold Dec 2021£241,700 | 2 Bed FlatGyllyng Hall, Gyllyng StreetFlat 2, Gyllyng Hall, Gyllyng Street, Falmouth, TR11 3EL
- Sold Jul 2011£145,000 | 2 Bed FlatGyllyng Hall, Gyllyng StreetFlat 1, Gyllyng Hall, Gyllyng Street, Falmouth, TR11 3EL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Pikes Hill, Falmouth, TR11 has a total of 24 addresses. According to our analysis of all the public data, Flat 1, Mount Wise, Falmouth is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in TR11.
More reading links
Schools Nearby
- 600mKing Charles Church of England Primary School
- 1.0kmMarlborough School
- 1.1kmFalmouth Primary Academy
- 2.1kmFalmouth School
- 3.8kmPenryn College
- 12.3kmRichard Lander School
More reading links
Public Transport Nearby
The closest station to Flat 1, Mount Wise, Falmouth is Falmouth Town station, which is 400 metres away.
- 400mFalmouth Town
- 800mFalmouth Docks
- 1.1kmPenmere
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
