Flat 1, St. Elmo
Flat 1, St. Elmo
Description & Estimates
Public records show Flat 1, St. Elmo, Marazion to be a period leasehold apartment with 613 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
Flat 1, St. Elmo, Marazion has an estimated sale value of £213,252 and an estimated rental value of £1,207 per month, assuming reasonable condition and based on the information available.
North Street, Marazion, TR17 lies within the TR17 postal district.
Our Data Sources
Flat 1, St. Elmo, Marazion has 41 entries in the Land Registry , most recently in February 2017 and a single entry in the EPC database dated September 2019.
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
In very good condition, we estimate Flat 1, St. Elmo, Marazion would be worth £223,915, with a potential rental value of £1,267 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £198,325, with a rental value of £1,122 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, St. Elmo, Marazion has decreased by £2,409 (1.1%) over the last year. During the same period, its estimated monthly rental value has grown by £66 (5.5%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
Flat 1, St. Elmo, Marazion has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 1, St. Elmo, Marazion last changed hands on 17th February 2017, selling for £160,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 23.8% since February 2017.
- Sold Feb 2017£160,000
- Sold Sep 2004£115,000
- Sold Jan 2003£81,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.6 kilometres of Flat 1, St. Elmo, Marazion across the last 2 years.
Most recently, 7 St. Pirans Court, West End, Marazion, TR17 0EF, a leasehold flat, sold at £175,000 on the 18th July 2017.
Read more about house prices in TR17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 1, St. Elmo, Marazion as the 28th largest and the 31st most expensive of the 31 addresses on North Street, Marazion, TR17.
Against the TR17 postcode district average, it is £188k less expensive than the typical property.
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Schools Nearby
- 700mMarazion School
- 2.5kmLudgvan School
- 3.7kmGulval School
- 4.8kmHumphry Davy School
- 5.9kmMounts Bay Academy
- 8.1kmHayle Academy
More reading links
Public Transport Nearby
Penzance station is the nearest stop to Flat 1, St. Elmo, Marazion at 4.2 kilometres away.
- 4.2kmPenzance
- 5.6kmSt Erth
- 6.6kmLelant Saltings
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
