Spring Bank, Torpoint
Spring Bank, Torpoint
Description & Estimates
Spring Bank, Torpoint is recorded publicly as a mid-century freehold house across 688 ft2 of internal area, sitting on a 1,162 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Spring Bank, Torpoint is £274,584 and its rental estimate is £1,071 per month, given the available information and assuming reasonable condition.
Seaton Park, Seaton, Torpoint, PL11 falls within the PL11 postal district.
Our Data Sources
Spring Bank, Torpoint has 21 entries in the Land Registry , most recently in May 2016 and a single entry in the EPC database dated January 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Spring Bank, Torpoint, we estimate a market value of £288,313 and a rental value of £1,124 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £255,363 and £996 per month respectively.
Recent Market Change
Over the last year, Spring Bank, Torpoint has seen its estimated sale value grow by £8,103 (3.0%) and its estimated rental value climb by £44 per month (4.1%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for Spring Bank, Torpoint as measuring 1,162 m2.
That makes it the 2nd largest plot in the postcode, where 27 of the 37 other houses have recorded plot data.
Energy Efficiency
Spring Bank, Torpoint has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Spring Bank, Torpoint completed on 11th May 2016 at £150,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 27.4% over the period since May 2016.
- Sold May 2016£150,000
- Sold Jan 2000£89,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Spring Bank, Torpoint have sold within a radius of 4.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was Keveral Bay Cottage, Keveral Lane, Torpoint, PL11 3JJ, a freehold house which sold for £245,000.
Read more about house prices in PL11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 42 addresses on Seaton Park, Seaton, Torpoint, PL11, Spring Bank, Torpoint comes out as the 36th largest and the 34th most expensive in our analysis of the public data.
It is also £40k less expensive than the average property across the PL11 district.
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Schools Nearby
- 1.7kmSt Nicolas' CofE VA School, Downderry
- 4.4kmTrenode CofE VA Primary Academy
- 4.5kmLooe Primary Academy
- 4.5kmLooe Community Academy
- 11.5kmLiskeard School and Community College
- 12.4kmSaltash Community School
More reading links
Public Transport Nearby
From Spring Bank, Torpoint, the nearest station is Looe, 5.1 kilometres away.
- 5.1kmLooe
- 6.0kmSandplace
- 6.2kmSt Germans
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
