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According to the public record, Gwelmena, Looe is a mid-century freehold house with 1,442 ft2 of internal area and sits on a 820 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Gwelmena, Looe is £374,025 and the estimated rental value is £1,580 per month.
Pelynt, Looe, PL13 is located within the PL13 postal district.
Gwelmena, Looe has a single entry in the Land Registry from September 2019 and a single entry in the EPC database dated February 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 Gwelmena, Looe is in very good condition we estimate a sale value of £392,727 and a rental value of £1,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,844 and a rental value of £1,470 per month.
Over the last 12 months the sale value of Gwelmena Looe has increased by an estimated £7,865 (2.1%) and its rental value has increased by an estimated £61 per month (3.8%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, Gwelmena, Looe sits on a plot of 820m2.
We have plot size data on 5 out of 5 other houses in the postcode and Gwelmena, Looe sits on the 2nd largest plot.
Gwelmena, Looe has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Feb 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Gwelmena, Looe was last sold on 11th September 2019 for £286,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2019, the market for similar properties has risen 44.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Gwelmena, Looe within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 38, Richmond Road, Looe, PL13 2NH, a freehold house which sold for £358,000 on the 28th October 2022.
Read more about house prices in PL13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pelynt, Looe, PL13 has a total of 119 addresses. According to our analysis of all the public data, Gwelmena, Looe is the 58th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in PL13.
The closest station to Gwelmena, Looe is Sandplace station which is 5.2 kilometres 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 Gwelmena, Looe, 60.9% of property is privately owned outright and 20.3% 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 Gwelmena, Looe, 12.3% of residents are recorded as possessing school level qualifications and 18.9% 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 Gwelmena, Looe, the average age was 49.5 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 Gwelmena, Looe, 1.3% 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 Gwelmena, Looe, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.