According to the public record, Flat 1, Custom House 2, St. Ives is a period leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Custom House, Skidden Hill, St. Ives, TR26.
Skidden Hill, St. Ives, TR26 is located within the TR26 postal district.
Flat 1, Custom House 2, St. Ives has 21 entries in the Land Registry database, most recently in August 2007 and a single entry in the EPC database dated March 2021.
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 Flat 1 Custom House 2 St. Ives as £315,862 and the rental value as £1,254 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 1 Custom House 2 St. Ives has increased by £9,482 (3.0%) and its rental value has increased by £54 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 Flat 1, Custom House 2, St. Ives is in very good condition we estimate a sale value of £331,655 and rental value of £1,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,752 and a rental value of £1,166 per month.
If you were able to purchase this property for the estimated value of £315,862, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,552 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, Flat 1, Custom House 2, St. Ives was last sold on 31 Aug 2007 for £195,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2007, the market for similar properties has risen 47.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Custom House 2, St. Ives within a radius of 480 metres over the last 2 years.
The most recent example is 3 Fernlea Court, Skidden Hill, St. Ives, TR26 2DU, a Leasehold flat which sold for £285,000 in Mar 2023.
Read more about house prices in TR26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Skidden Hill, St. Ives, TR26 has a total of 27 addresses. According to our analysis of all the public data, Flat 1, Custom House 2, St. Ives is the 14th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in TR26.
Flat 1, Custom House 2, St. Ives has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, Custom House 2, St. Ives is St Ives (Cornwall) station which is 400 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 Flat 1, Custom House 2, St. Ives, 38.6% of property is privately rented and 32.5% is privately owned outright.
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 Flat 1, Custom House 2, St. Ives, 9.4% of residents are recorded as possessing school level qualifications and 34.1% 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 Flat 1, Custom House 2, 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 Flat 1, Custom House 2, 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 Flat 1, Custom House 2, St. Ives, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.