According to the public record, 27 Valley Lodges, Honicombe Park is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 408 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Honicombe Park, Callington, PL17.
Callington, PL17 is located within the PL17 postal district.
27 Valley Lodges, Honicombe Park has 31 entries in the Land Registry database, most recently in March 2023 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 27 Valley Lodges Honicombe Park as £36,905 and the rental value as £190 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 27 Valley Lodges Honicombe Park has increased by £1,591 (4.3%) and its rental value has increased by £6 per month (3.1%).
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 27 Valley Lodges, Honicombe Park is in very good condition we estimate a sale value of £38,750 and rental value of £200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £34,321 and a rental value of £177 per month.
If you were able to purchase this property for the estimated value of £36,905, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £181 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 HM Land Registry, 27 Valley Lodges, Honicombe Park was last sold on 24 Mar 2023 for £80,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2023, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 27 Valley Lodges, Honicombe Park within a radius of 0m over the last 2 years.
The most recent example is 50 Valley Lodges, Honicombe Park , Callington, PL17 8NQ, a Leasehold flat which sold for £68,000 in Apr 2020.
Read more about house prices in PL17.
Callington, PL17 has a total of 273 addresses. According to our analysis of all the public data, 27 Valley Lodges, Honicombe Park is the 266th largest and the 272nd most expensive property on the street.
When compared to the postcode district it is £256k less expensive than the average property in PL17.
27 Valley Lodges, Honicombe Park has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 May 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 27 Valley Lodges, Honicombe Park is Gunnislake station which is 1.5 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 27 Valley Lodges, Honicombe Park , 60.8% of property is privately owned outright and 26.6% 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 27 Valley Lodges, Honicombe Park , 13.3% of residents are recorded as possessing school level qualifications and 39.0% 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 27 Valley Lodges, Honicombe Park , the average age was 49.4 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 27 Valley Lodges, Honicombe Park , 1.1% 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 27 Valley Lodges, Honicombe Park , there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.