Upper Flat, 2
Upper Flat, 2
Description & Estimates
According to the public record, Upper Flat, 2, Albany Road, Falmouth is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 772 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Upper Flat, 2, Albany Road, Falmouth is £307,397 and the estimated rental value is £1,336 per month.
The apartment is within 2, Albany Road, Falmouth, TR11.
Albany Road, Falmouth, TR11 is located within the TR11 postal district.
Our Data Sources
Upper Flat, 2, Albany Road, Falmouth has 21 entries in the Land Registry , most recently in May 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Upper Flat, 2, Albany Road, Falmouth is in very good condition we estimate a sale value of £322,767 and a rental value of £1,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,879 and a rental value of £1,243 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Upper Flat, 2, Albany Road, Falmouth has moved down by £3,505 (1.1%), while its estimated rental value has increased by £70 per month (5.2%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Sold Prices
According to HM Land Registry, Upper Flat, 2, Albany Road, Falmouth was last sold on 1st May 2015 for £237,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen by 30.0%.
- Sold May 2015£237,500
- Sold Feb 2004£200,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Upper Flat, 2, Albany Road, Falmouth within a radius of 490 metres over the last 2 years.
The most recent example is 3, Wodehouse Terrace, Falmouth, TR11 4QY, a leasehold flat which sold for £375,000 on the 10th October 2022.
Read more about house prices in TR11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Albany Road, Falmouth, TR11 has a total of 39 addresses. According to our analysis of all the public data, Upper Flat, 2, Albany Road, Falmouth is the 29th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in TR11.
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Schools Nearby
- 100mKing Charles Church of England Primary School
- 500mMarlborough School
- 900mFalmouth Primary Academy
- 1.8kmFalmouth School
- 3.5kmPenryn College
- 12.4kmRichard Lander School
More reading links
Public Transport Nearby
The closest station to Upper Flat, 2, Albany Road, Falmouth is Falmouth Town station, which is 600 metres away.
- 600mFalmouth Town
- 700mPenmere
- 1.2kmFalmouth Docks
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
