Flat 2, Drillfield House
Flat 2, Drillfield House
Description & Estimates
Flat 2, Drillfield House, St. Ives is recorded publicly as an early-century leasehold apartment across 344 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, Drillfield House, St. Ives is £74,943 and its rental estimate is £498 per month, given the available information and assuming reasonable condition.
Drillfield House, Drillfield Lane is a residential building on Drillfield Lane, St. Ives, TR26 and falls within the TR26 postal district.
Our Data Sources
Flat 2, Drillfield House, St. Ives has 21 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated February 2021.
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.
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 2, Drillfield House, St. Ives, we estimate a market value of £78,690 and a rental value of £523 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £69,697 and £463 per month respectively.
Recent Market Change
Over the last year, Flat 2, Drillfield House, St. Ives has seen its estimated sale value fall by £336 (0.4%) and its estimated rental value move up by £31 per month (6.1%). This results in an estimated gross rental yield of 8.0%.
Energy Efficiency
Flat 2, Drillfield House, St. Ives has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Sold Prices
The most recent sale of Flat 2, Drillfield House, St. Ives completed on 28th April 2022 at £88,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 35.7% over the period since April 2022.
- Sold Apr 2022£88,000
- Sold Aug 1998£25,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 2, Drillfield House, St. Ives has sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th March 2007, was Flat 3, Drillfield House , Drillfield Lane, St. Ives, TR26 1SR, a leasehold flat which sold for £50,000.
Read more about house prices in TR26.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 5 addresses on Drillfield Lane, St. Ives, TR26, Flat 2, Drillfield House, St. Ives comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £346k less expensive than the average property across the TR26 district.
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Schools Nearby
- 400mSt Ives Infant School
- 400mSt Ives Junior School
- 2.7kmSt Uny CofE Academy
- 1.1kmSt Ives School
- 6.0kmHayle Academy
- 10.4kmHumphry Davy School
More reading links
Public Transport Nearby
From Flat 2, Drillfield House, St. Ives, the nearest station is St Ives (Cornwall), 600 metres away.
- 600mSt Ives (Cornwall)
- 2.1kmCarbis Bay
- 4.5kmLelant
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
