According to the public record, 2 Prospect Cottages, Gunnislake is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 452 ft2 of internal area and sits on a 715 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
St. Anns Chapel, Gunnislake, PL18 is located within the PL18 postal district.
2 Prospect Cottages, Gunnislake has a single entry in the Land Registry database from May 2021 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Prospect Cottages Gunnislake as £153,840 and the rental value as £642 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 2 Prospect Cottages Gunnislake has increased by £7,856 (5.1%) and its rental value has increased by £26 per month (4.1%).
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 Prospect Cottages, Gunnislake is in very good condition we estimate a sale value of £161,532 and rental value of £674 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,071 and a rental value of £597 per month.
If you were able to purchase this property for the estimated value of £153,840, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £756 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 Prospect Cottages, Gunnislake sits on a plot of 715m2.
We have plot size data on 5 out of 7 other houses in the postcode and 2 Prospect Cottages, Gunnislake sits on the 2nd largest plot.
According to HM Land Registry, 2 Prospect Cottages, Gunnislake was last sold on 21 May 2021 for £135,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Prospect Cottages, Gunnislake within a radius of 1.4km over the last 2 years.
The most recent example is 2 Alma Cottage, Gunnislake, PL18 9NH, a Freehold house which sold for £122,500 in Jul 2021.
Read more about house prices in PL18.
St. Anns Chapel, Gunnislake, PL18 has a total of 140 addresses. According to our analysis of all the public data, 2 Prospect Cottages, Gunnislake is the 139th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in PL18.
The closest station to 2 Prospect Cottages, Gunnislake is Gunnislake station which is 1.4 km 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 Prospect Cottages, Gunnislake, 44.7% of property is privately owned outright and 33.0% 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 Prospect Cottages, Gunnislake, 15.6% of residents are recorded as possessing school level qualifications and 30.0% 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 Prospect Cottages, Gunnislake, the average age was 48.9 and the most common age was 57.
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 Prospect Cottages, Gunnislake, 1.0% 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 Prospect Cottages, Gunnislake, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.