According to the public record, 6, Back Lane, St. Ives is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 6, Back Lane, St. Ives, TR26.
Back Lane, St. Ives, TR26 is located within the TR26 postal district.
6, Back Lane, St. Ives has 4 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated February 2020.
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 6 Back Lane St. Ives as £326,017 and the rental value as £1,363 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 6 Back Lane St. Ives has increased by £9,786 (3.0%) and its rental value has increased by £59 per month (4.3%).
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 6, Back Lane, St. Ives is in very good condition we estimate a sale value of £342,318 and rental value of £1,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,196 and a rental value of £1,267 per month.
If you were able to purchase this property for the estimated value of £326,017, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,602 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, 6, Back Lane, St. Ives was last sold on 05 Mar 2021 for £288,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Back Lane, St. Ives within a radius of 580 metres over the last 2 years.
The most recent example is Flat 2, Green Court, Tregenna Hill, St. Ives, TR26 1SE, a Leasehold flat which sold for £305,000 in Oct 2022.
Read more about house prices in TR26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Back Lane, St. Ives, TR26 has a total of 8 addresses. According to our analysis of all the public data, 6, Back Lane, St. Ives is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in TR26.
6, Back Lane, St. Ives has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 6, Back Lane, St. Ives is St Ives (Cornwall) station which is 700 metres 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 6, Back Lane, St. Ives, 48.2% of property is privately owned outright and 31.8% 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 6, Back Lane, St. Ives, 13.5% of residents are recorded as possessing school level qualifications and 31.9% 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 6, Back Lane, St. Ives, the average age was 47.5 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 6, Back Lane, St. Ives, 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 6, Back Lane, St. Ives, 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.