According to the public record, Flat 25, Piazza is a mid-century leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Piazza, St. Ives, TR26.
St. Ives, TR26 is located within the TR26 postal district.
Flat 25, Piazza has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated May 2014.
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 25 Piazza as £804,681 and the rental value as £2,531 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Flat 25 Piazza has increased by £15,933 (2.0%) and its rental value has increased by £83 per month (3.3%).
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 25, Piazza is in very good condition we estimate a sale value of £844,915 and rental value of £2,658 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £748,353 and a rental value of £2,354 per month.
If you were able to purchase this property for the estimated value of £804,681, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,955 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 25, Piazza was last sold on 27 Sep 2007 for £585,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 47.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 25, Piazza within a radius of 640 metres over the last 2 years.
The most recent example is Flat 11, Piazza, St. Ives, TR26 1NQ, a Leasehold flat which sold for £800,000 in Jun 2021.
Read more about house prices in TR26.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Ives, TR26 has a total of 162 addresses. According to our analysis of all the public data, Flat 25, Piazza is the 41st largest and the 15th most expensive property on the street.
When compared to the postcode district it is £327k more expensive than the average property in TR26.
Flat 25, Piazza has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 May 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric ceiling heating.
The closest station to Flat 25, Piazza is St Ives (Cornwall) station which is 800 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 25, Piazza, 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 Flat 25, Piazza, 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 Flat 25, Piazza, 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 25, Piazza, 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 25, Piazza, 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.