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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, Lower Budock Mill, Penryn is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Lower Budock Mill, Penryn is £226,115 and the estimated rental value is £1,058 per month.
The apartment is within Lower Budock Mill, Hill Head, Penryn, TR10.
Hill Head, Penryn, TR10 is located within the TR10 postal district.
Flat 2, Lower Budock Mill, Penryn has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated October 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.
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 2, Lower Budock Mill, Penryn is in very good condition we estimate a sale value of £237,421 and a rental value of £1,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,287 and a rental value of £984 per month.
Over the last 12 months the sale value of Flat 2 Lower Budock Mill Penryn has decreased by an estimated £3,020 (1.3%) and its rental value has increased by an estimated £69 per month (6.5%), giving an expected gross yield of 5.6%.
Flat 2, Lower Budock Mill, Penryn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, Lower Budock Mill, Penryn was last sold on 20th December 2019 for £193,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2019, the market for similar properties has risen 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Lower Budock Mill, Penryn within a radius of 740 metres over the last 2 years.
The most recent example is 1 Providence House, College Hill, Penryn, TR10 8FE, a leasehold flat which sold for £225,000 on the 13th October 2023.
Read more about house prices in TR10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hill Head, Penryn, TR10 has a total of 24 addresses. According to our analysis of all the public data, Flat 2, Lower Budock Mill, Penryn is the 12th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in TR10.
The closest station to Flat 2, Lower Budock Mill, Penryn is Penryn (Cornwall) station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Lower Budock Mill, Penryn, 34.0% of property is privately rented and 29.8% 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 Flat 2, Lower Budock Mill, Penryn, 21.2% of residents are recorded as possessing school level qualifications and 51.6% 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 Flat 2, Lower Budock Mill, Penryn, the average age was 37.4 and the most common age was 22.
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 Flat 2, Lower Budock Mill, Penryn, 0.0% 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 Flat 2, Lower Budock Mill, Penryn, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
