48A Tower Road, Newquay, TR7 1LU is a leasehold flat built between 2007-2011. The property offers approximately 377 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £139,437 , which equates to approximately £370 per square foot. It was last sold on 29 Mar 2016 for £110,500. Since then, the value has increased by £28,937, representing a 26.2% increase, or approximately 2.7% per year.

The current estimated value of £139,437 is:

  • 57.6% lower than the average property price on Tower Road
  • 55.9% lower than the average in the TR7 1LU postcode area
  • and 58.3% lower than the average price for Newquay as a whole

At the most recent EPC inspection on 2 July 2021, the property was recorded as rented.

View sold house prices in TR7 1LU

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
377 sq ft
Tenure
Leasehold
Price (estimate)
£139,437
Price Per sq ft (estimate)
£370
Bedroom Count (estimate)
1 bedroom

EPC Summary

48A Tower Road, Newquay, Cornwall, TR7 1LU has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Jul 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Aug 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from average thermal transmittance 0.01 w/m?k to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.29 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR7 1LU

28 th / 29
Price Rank
56% lower than average
10 th / 13
Size Rank
50% smaller than average
9 th / 13
Price Per Sq FT Rank
12% lower than average

Compared to other properties in TR7 1LU , this flat's estimated value ranks 28th out of 29. Based on price per square foot, it ranks 9th out of 13 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 10th out of 13 properties in its postcode area.

Sale History

Today
£139,437
streetscan.co.uk estimate
+26 %
29 Mar 2016
£110,500
Leasehold
+3.3 %
20 Apr 2011
£107,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 377 sq ft
sale price: £160,000
sale date: 3 Jan 2024
rooms: 2
size: 366 sq ft
sale price: £130,000
sale date: 1 Nov 2019
rooms: 2
size: 377 sq ft
sale price: £110,000
sale date: 15 Nov 2016

Data Sources

The property at 48A Tower Road, Newquay, TR7 1LU appears two times in the Land Registry records, with the latest transaction recorded on 29 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Jul 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.