Please read on to find out what are numbers 7 to 9 of the top 12 most affordable streets in Hayle.
7th Most Affordable Street In Hayle
Bodriggy Crescent – TR27 4NN
There are 35 properties in Bodriggy Crescent. The average price for property in Bodriggy Crescent stood at £163,892 in March 2021. This is a fall of 1.26% in the last three months (since December 2020) and rise of 0.76% since 12 months ago. In terms of property types, flats in Bodriggy Crescent are estimated to be an average of £228,073 and terraced houses £232,623. This is according to the current Zoopla estimates.
The most recent property sale in the 4NN postcode was a Terrace house which sold for for £210,000 in January 2019.
8th Most Affordable Street in Hayle
Harveys Way – TR27 4PE and 4PF
There are 94 properties in Harveys Way. The estimated average market price for this road is £166,217. Harveys Way properties are mainly 2 and 3 bedroom terrace houses.
The most expensive property sold in this street was in 2016 when a 3 bedroom end terrace house sold for for £165,000.
Harveys Way is a perfect location if you need to be close to Hayle academy and the Bodriggy Surgery. Both are just a few steps away. Its also very close to the popular Highlines Fish and Chip shop – always important to know!
9th Most Affordable Street Hayle
Chapel Lane – TR27 4LS
There are 23 properties in Chapel Lane. The average price for property in this road stood at £169,006 in March 2021. This is a fall of 1.26% in the last three months (since December 2020) and rise of 0.76% since 12 months ago. This is according to the latest Zoopla estimates.
Chapel Lane is predominantly 2 or 3 terrace houses. The most recent house sale in this road was for £157,000 in February 2020.
So I’ve now reviewed 9 streets in Hayle where property prices are still well below the national average. In fact, we’ve not even hit £180,000 yet. Which means that Hayle properties are still very affordable for a couple, each on around £25,000 salary.
The problems for buyers is clearly more to do with the lack of property stock and the high deposits required by mortgage lenders.
Hopefully the recent budget initiative, with supported lower deposits will enable more people to get onto the property ladder once more.
Hayle, Penzance and St Ives Property Market – Brief Update
Here’s a brief overview of the number of available properties and both the highest and lowest property prices in Hayle, Penzance and St Ives.
I’ve been able to find 39 properties in Hayle, 99 in St Ives and 80 in Penzance.
The Hayle sale prices range from £135,000 for a 2 bedroom apartment in a period building. The highest price of a property for sale in Hayle is £695,000. This is for a 4 bedroom detached house with views of the estuary.
In Penzance the lowest priced property is 95,000 for a 1 bedroom converted flat in a period property. The other end of the scale is an Edwardian Manor with stunning views across Mounts Bay at to £945,000
St Ives and Carbis bay property prices currently start at £150,000 for a 1 bedroom apartment. The highest prices property I’ve found is a contemporary 5 bedroomed detached house. This property also boasts outstanding views across St Ives Bay and is on the market for £1.2m.
In my next article I’ll drill down further into these prices and see if I can route out any bargains for you.
Comments and Contact Details
Please feel free to comment below, or contact me with any questions relating to the Hayle, Penzance or St Ives property markets.
If you are or are considering becoming a residential landlord, please contact myself Deborah or John at CAM Residential Lettings in Hayle for details of how we can help you.
*based on TR27 4 postcodes only. I’ll cover the villages in separate articles, because they’re all quite unique in themselves.