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2 Polweath Close is a residential building situated on Polweath Close, Penzance, TR18 with 2 addresses.
It ranks as the 120th largest and 243rd most expensive of the 694 buildings in the TR18 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
2 Polweath Close is a residential building situated on Polweath Close, Penzance, TR18 with 2 addresses.
It ranks as the 120th largest and 243rd most expensive of the 694 buildings in the TR18 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £165,293 for 2 bedroom Leasehold flats with a garden (574 ft2) to £166,630 for 2 bedroom Leasehold flats (512 ft2) .
Monthly rental prices range from £873 pcm for 2 bed flats to £892 pcm for 2 bed flats.
The gross rental yield is between 6.3% and 6.5%.
The average value per square foot is £306.
The current average value in the building is £165,961.
The 2 Polweath Close Sales Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £165,961 |
| May 2025 | -0.3% | £168,214 |
| May 2024 | 1.5% | £168,792 |
| May 2023 | -1.1% | £166,311 |
| May 2022 | 14.4% | £168,191 |
| May 2021 | 13.2% | £146,976 |
| May 2020 | 1.1% | £129,804 |
| May 2019 | -0.3% | £128,389 |
| May 2018 | 1.9% | £128,797 |
| May 2017 | 2.3% | £126,398 |
| May 2016 | 4.3% | £123,604 |
| May 2015 | 0% | £118,478 |
| May 2014 | 0.6% | £118,443 |
| May 2013 | 1.1% | £117,694 |
| May 2012 | -1.3% | £116,436 |
| May 2011 | -1.6% | £117,999 |
| May 2010 | 1.6% | £119,889 |
| May 2009 | -12.6% | £117,947 |
| May 2008 | -1.9% | £134,918 |
| May 2007 | 0% | £137,541 |
The current average rental value in the building is £883.
The 2 Polweath Close Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.4% | £883pcm |
| May 2025 | 10.1% | £837pcm |
| May 2024 | 5.2% | £761pcm |
| May 2023 | 4.2% | £723pcm |
| May 2022 | 8.4% | £694pcm |
| May 2021 | 10.3% | £641pcm |
| May 2020 | 2.2% | £581pcm |
| May 2019 | 3% | £568pcm |
| May 2018 | 0.8% | £551pcm |
| May 2017 | -1.6% | £547pcm |
| May 2016 | 0.7% | £556pcm |
| May 2015 | 1.3% | £552pcm |
| May 2014 | 1.7% | £546pcm |
| May 2013 | -1.5% | £536pcm |
| May 2012 | 0.5% | £544pcm |
| May 2011 | 1.1% | £542pcm |
| May 2010 | 0.3% | £536pcm |
| May 2009 | -7.2% | £534pcm |
| May 2008 | 4.4% | £575pcm |
| May 2007 | 0% | £551pcm |
The closest station to 2, Polweath Close, Penzance, TR18 3PP is Penzance station which is 900 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 2, Polweath Close, Penzance, TR18 3PP, 78.0% of property is socially rented and 10.6% is privately owned with a mortgage.
The graph below shows how this compares to South West 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 2, Polweath Close, Penzance, TR18 3PP, 22.6% of residents are recorded as possessing school level qualifications and 18.3% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Polweath Close, Penzance, TR18 3PP, the average age was 45.1 and the most common age was 52.
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 2, Polweath Close, Penzance, TR18 3PP, 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 2, Polweath Close, Penzance, TR18 3PP, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.