According to the public record, 5, Grove Park, Torpoint is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,280 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Grove Park, Torpoint, PL11 is located within the PL11 postal district.
5, Grove Park, Torpoint has a single entry in the Land Registry database from October 2014 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 5 Grove Park Torpoint as £368,202 and the rental value as £1,158 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 5 Grove Park Torpoint has increased by £11,593 (3.1%) and its rental value has increased by £23 per month (2.0%).
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 5, Grove Park, Torpoint is in very good condition we estimate a sale value of £386,612 and rental value of £1,216 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,428 and a rental value of £1,077 per month.
If you were able to purchase this property for the estimated value of £368,202, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,810 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, 5, Grove Park, Torpoint was last sold on 03 Oct 2014 for £225,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has risen 48.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Grove Park, Torpoint within a radius of 283m over the last 2 years.
The most recent example is 41, Lamorna Park, Torpoint, PL11 2QJ, a Freehold house which sold for £450,000 in Oct 2023.
Read more about house prices in PL11.
Grove Park, Torpoint, PL11 has a total of 54 addresses. According to our analysis of all the public data, 5, Grove Park, Torpoint is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £47k more expensive than the average property in PL11.
The closest station to 5, Grove Park, Torpoint is Dockyard (Devonport) station which is 3.2 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 5, Grove Park, Torpoint, 46.8% of property is privately owned outright and 26.2% 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 5, Grove Park, Torpoint, 12.9% of residents are recorded as possessing school level qualifications and 24.0% 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 5, Grove Park, Torpoint, the average age was 48.2 and the most common age was 62.
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 5, Grove Park, Torpoint, 0.0% 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 5, Grove Park, Torpoint, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.