Here we are finally at streets 10 to 12 in round up of Hayle’s top 12 most affordable streets in 2021. We’re still below £175,000!
10th Most Affordable Street In Hayle
Bowling Green Court – TR27 4RP
There are 25 properties in Bowling Green Court, with the average price being £171,692 in March 2021. This is a rise of 4.23% over the past 12 months.
The most recent property sale in the 4RP postcode was a 3 bedroom, end of terrace house. It sold for for £186,000 in November 2020. The most expensive property that has sold in Bowling Green Court was a terrace house which sold in 2019 for £238,000
Bowling Green Court, is tucked out of the way from busy roads, making it great if you have young children or pets. Its also a few steps from both Bodriggy Surgery and Hayle Academy. The properties in this road comprise mainly of 2 and 3 bedroom terrace and semi detached houses, with reasonable sized, enclosed gardens.
11th Most Affordable Street in Hayle
Cross Street- TR27 4LW
Cross street, is an older Hayle street comprising of 15 properties. Properties in this postcode are currently valued between £118,000 and £209,000 with the estimated average market price being £172,205. This is a rise of 4.24% in the past 12 months.
Cross Street is just a few steps from the historic Cornish Arms and Copperhouse Pool in a popular area of Hayle. Its also around a 5 minute walk to Hayle Lido and a 10 minute walk to Hayle beach.
The most recent sale was a 2 bedroom terrace house which sold for £140,000 in March 2020. The most expensive property sold in this street was in 2015 when a 3 bedroom terrace house sold for £178,000.
Finally number 12 of my roundup of Hayle’s top 12 most affordable streets
Pools Court – TR27 4NS
There are a total of 45 properties in Pools Court. Properties in this postcode are currently valued between £150,000 and £198,000, with the estimated average market price being £173,031. This is a rise of 4.23% in the past 12 months according to the latest Zoopla estimates.
Pools Court is predominantly 2 or 3 bedroom terrace houses.
The most recent house sale in this road was for £157,000 in August 2020. The Zoopla estimate of the same property now being worth £163,000.
Of the 45 properties, 14 have sold in the past 10 years. The most expensive being a 3 bedroom, semi detached house, which was sold for £187,000 in 2020
Hayle’s top 12 most affordable streets in 2021 – Summary
So there you have it, my roundup of Hayle’s top 12 most affordable streets. I’ve skipped a few of the smaller streets, or ones adjacent to or on the same estate as others I’ve listed, as to give you a more varied selection. There are actually 38 streets in Hayle with properties valued at below £175,000 as of April 2021.
Whilst we’re a rental agency, we’d far rather see more Hayle people be able to buy. For every 1 house we advertise to rent, we receive around 100 enquiries, so there just aren’t enough rental properties to go round.
In addition, rents are now proportionately higher in Hayle than buying the same property on a 25 year mortgage. As an example a 2 bedroom terrace house valued at £165,000 with a 5% deposit of £8,300, over 25 years would be around £695 pcm. The rent for the same property would be around £750 pcm. So get on that ladder if you possibly can.
My next series of articles will be comparing similar properties in Hayle, Penzance and St Ives and finding some good value investment opportunities in these three very individual towns.
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.