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Oak Tree Farm Germoe is a residential building situated on Germoe, Penzance, TR20 with 2 addresses.
It ranks as the 79th largest and 193rd most expensive of the 194 buildings in the TR20 area. The dominant property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Oak Tree Farm Germoe is a residential building situated on Germoe, Penzance, TR20 with 2 addresses.
It ranks as the 79th largest and 193rd most expensive of the 194 buildings in the TR20 area. The dominant property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £377,865 for 3 bedroom Leasehold flats (1,011 ft2) to £1,270,666 for 4 bedroom freehold houses with a garden (1,732 ft2) .
Monthly rental prices range from £1,216 pcm for 3 bed flats to £2,868 pcm for 4 bed houses.
The gross rental yield is between 2.7% and 3.9%.
The average value per square foot is £553.
The last sale in Oak Tree Farm Germoe sold for £450,000 on 24th May 2006. Since then prices are down an average of 0.0%.
The current average value in the building is £824,266.
The Oak Tree Farm Germoe Sales Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.4% | £824,266 |
| May 2025 | -1.6% | £844,183 |
| May 2024 | -1.8% | £857,777 |
| May 2023 | -0.3% | £873,377 |
| May 2022 | 16.4% | £875,749 |
| May 2021 | 14.8% | £752,511 |
| May 2020 | 1.1% | £655,295 |
| May 2019 | 2.5% | £648,028 |
| May 2018 | 4.4% | £632,032 |
| May 2017 | 3.3% | £605,419 |
| May 2016 | 2% | £585,889 |
| May 2015 | 7.7% | £574,580 |
| May 2014 | 0.8% | £533,569 |
| May 2013 | 1.2% | £529,492 |
| May 2012 | -2% | £523,164 |
| May 2011 | 3% | £533,892 |
| May 2010 | 7.4% | £518,110 |
| May 2009 | -12.3% | £482,260 |
| May 2008 | 1.2% | £549,686 |
| May 2007 | 0% | £542,938 |
The current average rental value in the building is £2,042.
The Oak Tree Farm Germoe Rental Market has increased by 72.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.1% | £2,042pcm |
| May 2025 | 9.3% | £1,961pcm |
| May 2024 | 5.3% | £1,794pcm |
| May 2023 | 5% | £1,704pcm |
| May 2022 | 10.2% | £1,622pcm |
| May 2021 | 13.1% | £1,473pcm |
| May 2020 | 1.4% | £1,302pcm |
| May 2019 | 5% | £1,284pcm |
| May 2018 | 2.6% | £1,222pcm |
| May 2017 | 0.7% | £1,191pcm |
| May 2016 | 1.9% | £1,183pcm |
| May 2015 | 2.4% | £1,161pcm |
| May 2014 | 2.5% | £1,133pcm |
| May 2013 | -0.6% | £1,105pcm |
| May 2012 | 1% | £1,113pcm |
| May 2011 | 3.6% | £1,101pcm |
| May 2010 | 4.4% | £1,063pcm |
| May 2009 | -5.8% | £1,019pcm |
| May 2008 | 3.4% | £1,082pcm |
| May 2007 | 0% | £1,046pcm |
The last sale was on 24th May 2006 for £450,000 and since then the market in the area has remained stable. The building has had a total of 2 sales since 1995.
Oak Tree Farm, Germoe, Penzance, TR20 9RU has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Oak Tree Farm, Germoe, Penzance, TR20 9RU is St Erth station which is 5.9 kilometres away.
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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 Oak Tree Farm, Germoe, Penzance, TR20 9RU, 54.4% of property is privately owned outright and 33.1% 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 Oak Tree Farm, Germoe, Penzance, TR20 9RU, 13.1% of residents are recorded as possessing school level qualifications and 35.7% 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 Oak Tree Farm, Germoe, Penzance, TR20 9RU, the average age was 44.6 and the most common age was 57.
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 Oak Tree Farm, Germoe, Penzance, TR20 9RU, 0.9% 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 Oak Tree Farm, Germoe, Penzance, TR20 9RU, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.