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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 16, Clements Road, Penzance is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 2,011 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Clements Road, Penzance is £650,114 and the estimated rental value is £1,795 per month.
Clements Road, Penzance, TR18 is located within the TR18 postal district.
16, Clements Road, Penzance has a single entry in the Land Registry from March 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Clements Road, Penzance is in very good condition we estimate a sale value of £682,619 and a rental value of £1,885 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £604,606 and a rental value of £1,669 per month.
Over the last 12 months the sale value of 16 Clements Road Penzance has decreased by an estimated £43,421 (6.7%) and its rental value has increased by an estimated £25 per month (1.4%), giving an expected gross yield of 3.3%.
According to HM Land Registry, 16, Clements Road, Penzance was last sold on 16th March 2009 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2009, the market for similar properties has risen 28.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Clements Road, Penzance within a radius of 620 metres over the last 2 years.
The most recent example is 3, Polwithen Road, Penzance, TR18 4JS, a freehold house which sold for £658,000 on the 1st September 2023.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clements Road, Penzance, TR18 has a total of 16 addresses. According to our analysis of all the public data, 16, Clements Road, Penzance is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £364k more expensive than the average property in TR18.
The closest station to 16, Clements Road, Penzance is Penzance station which is 1.1 kilometres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Clements Road, Penzance, 45.6% of property is privately owned outright and 30.2% is privately rented.
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 16, Clements Road, Penzance, 17.0% of residents are recorded as possessing school level qualifications and 43.0% 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 16, Clements Road, Penzance, 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 16, Clements Road, Penzance, 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 16, Clements Road, Penzance, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
