Flat 2, Regency Arcade
Flat 2, Regency Arcade
Description & Estimates
The public record describes Flat 2, Regency Arcade, Wadebridge as a period apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, Regency Arcade, Wadebridge has an estimated sale value of £92,020 and an estimated rental value of £564 per month, assuming reasonable condition and based on the information available.
The apartment sits within Regency Arcade, Molesworth Street, Wadebridge, PL27.
Molesworth Street, Wadebridge, PL27 lies within the PL27 postal district.
Our Data Sources
Flat 2, Regency Arcade, Wadebridge has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data 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 2, Regency Arcade, Wadebridge would be worth £96,621, with a potential rental value of £592 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £85,578, with a rental value of £524 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 2, Regency Arcade, Wadebridge has moved up by £1,560 (1.7%) over the last year. During the same period, its estimated monthly rental value has increased by £36 (6.4%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
Flat 2, Regency Arcade, Wadebridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of Flat 2, Regency Arcade, Wadebridge across the last 2 years.
Most recently, 7, Molesworth Court, Wadebridge, PL27 7QW, a leasehold flat, sold at £89,600 on the 17th December 2021.
Read more about house prices in PL27.
- Sold Dec 2021£89,600 | 2 Bed Flat7, Molesworth Court, Wadebridge, PL27 7QW7, Molesworth Court, Wadebridge, PL27 7QW
- Sold Jul 2019£82,600 | 2 Bed Flat25, Molesworth Court, Wadebridge, PL27 7QW25, Molesworth Court, Wadebridge, PL27 7QW
- Sold Oct 2016£120,000 | 1 Bed FlatApartment 8, 22-26, Molesworth Street, Wadebridge, PL27 7DGApartment 8, 22-26, Molesworth Street, Wadebridge, PL27 7DG
•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 2, Regency Arcade, Wadebridge as the 89th largest and the 100th most expensive of the 101 addresses on Molesworth Street, Wadebridge, PL27.
Against the PL27 postcode district average, it is £488k less expensive than the typical property.
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Schools Nearby
- 400mSt Breock Primary School
- 900mWadebridge Primary Academy
- 5.3kmSt Mabyn CofE School
- 900mWadebridge School
- 10.9kmBodmin College
- 16.0kmSir James Smith's School
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Public Transport Nearby
Roche station is the nearest stop to Flat 2, Regency Arcade, Wadebridge at 10.9 kilometres away.
- 10.9kmRoche
- 13.3kmBugle
- 14.6kmBodmin Parkway
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
