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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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Flat 2, The Old Granary, Looe is recorded publicly as a period leasehold apartment across 689 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, The Old Granary, Looe is £268,351 and its rental estimate is £979 per month, given the available information and assuming reasonable condition.
The Old Granary, The Quay is a residential building on The Quay, East Looe, Looe, PL13 and falls within the PL13 postal district.
Flat 2, The Old Granary, Looe has 2 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated April 2010.
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.
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, The Old Granary, Looe, we estimate a market value of £281,768 and a rental value of £1,028 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £249,566 and £911 per month respectively.
Over the last year, Flat 2, The Old Granary, Looe has seen its estimated sale value grow by £10,937 (4.1%) and its estimated rental value climb by £44 per month (4.5%). This results in an estimated gross rental yield of 4.4%.
Flat 2, The Old Granary, Looe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2010.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 2, The Old Granary, Looe completed on 2nd September 2019 at £270,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 23.8% over the period since September 2019.
Over the past 2 years 3 properties similar to Flat 2, The Old Granary, Looe have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2024, was 6 Island Court, Marine Drive, Looe, PL13 2DQ, a leasehold flat which sold for £305,000.
Read more about house prices in PL13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 40 addresses on The Quay, East Looe, Looe, PL13, Flat 2, The Old Granary, Looe comes out as the 14th largest and the 10th most expensive in our analysis of the public data.
It is also £67k less expensive than the average property across the PL13 district.
From Flat 2, The Old Granary, Looe, the nearest station is Looe, 800 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated high, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, The Old Granary, Looe, 48.5% of property is privately rented and 36.9% is privately owned outright.
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, The Old Granary, Looe, 9.6% of residents are recorded as possessing school level qualifications and 27.4% 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, The Old Granary, Looe, the average age was 52.5 and the most common age was 72.
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, The Old Granary, Looe, 1.6% 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, The Old Granary, Looe, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.
