15, Redinnick Terrace
15, Redinnick Terrace
Description & Estimates
Public records show 15, Redinnick Terrace, Penzance to be a period freehold house with 1,205 ft2 of internal area, sitting on a 125 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
15, Redinnick Terrace, Penzance has an estimated sale value of £345,507 and an estimated rental value of £1,391 per month, assuming reasonable condition and based on the information available.
Redinnick Terrace, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
15, Redinnick Terrace, Penzance has 41 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 15, Redinnick Terrace, Penzance would be worth £362,783, with a potential rental value of £1,460 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £321,322, with a rental value of £1,293 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Redinnick Terrace, Penzance has decreased by £10,574 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £52 (3.7%). The property's estimated gross yield is currently 4.8%.
Plot Size
15, Redinnick Terrace, Penzance occupies a 125 m2 plot as recorded by HM Land Registry.
Of the 25 other houses in this postcode, 23 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
15, Redinnick Terrace, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jul 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
15, Redinnick Terrace, Penzance last changed hands on 29th September 2023, selling for £285,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 12.2% since September 2023.
- Sold Sep 2023£285,000
- Sold Sep 2000£88,000
- Sold Aug 1996£25,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 15, Redinnick Terrace, Penzance across the last 2 years.
Most recently, 6, Bay View Terrace, Penzance, TR18 4HS, a freehold house, sold at £308,000 on the 24th August 2023.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Redinnick Terrace, Penzance as the 3rd largest and the 3rd most expensive of the 25 addresses on Redinnick Terrace, Penzance, TR18.
Against the TR18 postcode district average, it is £52k more expensive than the typical property.
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Schools Nearby
- 100mSt Mary's CofE Primary School, Penzance
- 500mAlverton Primary School
- 900mNewlyn School
- 1.2kmHumphry Davy School
- 1.9kmMounts Bay Academy
- 10.6kmCape Cornwall School
More reading links
Public Transport Nearby
Penzance station is the nearest stop to 15, Redinnick Terrace, Penzance at 1.0 kilometres away.
- 1.0kmPenzance
- 9.3kmSt Erth
- 10.1kmLelant Saltings
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
