Flat 1, Dracaena Apartments, 62 Dracaena Avenue, Falmouth, TR11 2EJ is a leasehold flat built between 1900-1929. The property offers approximately 753 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £163,363 , which equates to approximately £217 per square foot. It was last sold on 14 Sep 2018 for £140,000. Since then, the value has increased by £23,363, representing a 16.7% increase, or approximately 2.3% per year.

The current estimated value of £163,363 is:

  • 54.3% lower than the average property price on Dracaena Avenue
  • 2.4% lower than the average in the TR11 2EJ postcode area
  • and 57.0% lower than the average price for Falmouth as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 15 September 2021, the property was recorded as rented.

View sold house prices in TR11 2EJ

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
753 sq ft
Tenure
Leasehold
Price (estimate)
£163,363
Price Per sq ft (estimate)
£217
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1, Dracaena Apartments, 62 Dracaena Avenue, Falmouth, Cornwall, TR11 2EJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 15 Sep 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Jun 2017, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 36.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to granite or whinstone, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was changed from low energy lighting in 88% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR11 2EJ

8 th / 15
Price Rank
2% lower than average
3 rd / 9
Size Rank
33% bigger than average
9 th / 9
Price Per Sq FT Rank
27% lower than average

Compared to other properties in TR11 2EJ , this flat's estimated value ranks 8th out of 15. Based on price per square foot, it ranks 9th out of 9 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 3rd out of 9 properties in its postcode area.

Sale History

Today
£163,363
streetscan.co.uk estimate
+17 %
14 Sep 2018
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 743 sq ft
sale price: £247,500
sale date: 9 Aug 2023
rooms: 3
size: 689 sq ft
sale price: £243,000
sale date: 5 Oct 2022
rooms: 3
size: 710 sq ft
sale price: £162,500
sale date: 30 Jan 2013

Data Sources

The property at Flat 1, Dracaena Apartments, 62 Dracaena Avenue, Falmouth, Cornwall, TR11 2EJ appears once in the Land Registry records, with the transaction recorded on 14 Sep 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Sep 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.