According to the public record, 38, Praze Road, Newquay is a mid-century freehold house and with 1,948 ft2 of internal area and sits on a 483 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Praze Road, Newquay, TR7 is located within the TR7 postal district.
38, Praze Road, Newquay has a single entry in the Land Registry database from January 2017 and no records in the EPC database.
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 38 Praze Road Newquay as £650,325 and the rental value as £2,146 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 38 Praze Road Newquay has increased by £8,790 (1.4%) and its rental value has increased by £35 per month (1.7%).
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 38, Praze Road, Newquay is in very good condition we estimate a sale value of £682,841 and rental value of £2,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £604,802 and a rental value of £1,996 per month.
If you were able to purchase this property for the estimated value of £650,325, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,196 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, 38, Praze Road, Newquay sits on a plot of 483m2.
We have plot size data on 3 out of 12 other houses in the postcode and 38, Praze Road, Newquay sits on the 3rd largest plot.
According to HM Land Registry, 38, Praze Road, Newquay was last sold on 04 Jan 2017 for £410,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2017, the market for similar properties has risen 56.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Praze Road, Newquay within a radius of 394m over the last 2 years.
The most recent example is 14, Porth Parade, Newquay, TR7 3JZ, a Freehold house which sold for £706,000 in Feb 2023.
Read more about house prices in TR7.
Praze Road, Newquay, TR7 has a total of 39 addresses. According to our analysis of all the public data, 38, Praze Road, Newquay is the 2nd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £286k more expensive than the average property in TR7.
38, Praze Road, Newquay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2016.
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 38, Praze Road, Newquay is Newquay 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 38, Praze Road, Newquay, 55.4% of property is privately owned outright and 21.6% 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 38, Praze Road, Newquay, 12.0% of residents are recorded as possessing school level qualifications and 35.7% 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 38, Praze Road, Newquay, the average age was 41 and the most common age was 32.
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 38, Praze Road, Newquay, 1.4% 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 38, Praze Road, Newquay, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.