According to the public record, 2, Springfield Gate, Looe is a modern freehold house and with 1,785 ft2 of internal area and sits on a 1,062 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Springfield Gate, Looe, PL13 is located within the PL13 postal district.
2, Springfield Gate, Looe has 41 entries in the Land Registry database, most recently in April 2011 and a single entry in the EPC database dated June 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Springfield Gate Looe as £532,477 and the rental value as £1,420 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 2 Springfield Gate Looe has increased by £14,635 (2.7%) and its rental value has increased by £26 per month (1.8%).
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 2, Springfield Gate, Looe is in very good condition we estimate a sale value of £559,101 and rental value of £1,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,204 and a rental value of £1,321 per month.
If you were able to purchase this property for the estimated value of £532,477, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,617 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Springfield Gate, Looe sits on a plot of 1062m2.
We have plot size data on 3 out of 4 other houses in the postcode and 2, Springfield Gate, Looe sits on the 3rd largest plot.
According to HM Land Registry, 2, Springfield Gate, Looe was last sold on 12 Apr 2011 for £394,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2011, the market for similar properties has risen 54.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Springfield Gate, Looe within a radius of 460m over the last 2 years.
The most recent example is 2, Pendrim Park, Looe, PL13 1HQ, a Freehold house which sold for £555,000 in May 2023.
Read more about house prices in PL13.
Springfield Gate, Looe, PL13 has a total of 4 addresses. According to our analysis of all the public data, 2, Springfield Gate, Looe is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £194k more expensive than the average property in PL13.
2, Springfield Gate, Looe has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jun 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Springfield Gate, Looe is Looe station which is 400 m 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 2, Springfield Gate, Looe, 45.1% of property is privately owned outright and 29.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 2, Springfield Gate, Looe, 8.3% of residents are recorded as possessing school level qualifications and 34.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Springfield Gate, 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 2, Springfield Gate, Looe, 0.4% 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 2, Springfield Gate, 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.