16, Parc Mellan
16, Parc Mellan
Description & Estimates
16, Parc Mellan, Penzance is described in the public record as a mid-century house with 624 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 16, Parc Mellan, Penzance is £214,417 and its rental estimate is £1,026 per month, given the available information and assuming reasonable condition.
Parc Mellan, Penzance, TR18 falls within the TR18 postal district.
Our Data Sources
16, Parc Mellan, Penzance has no records in the the Land Registry and a single entry in the EPC database dated August 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Parc Mellan, Penzance, we estimate a market value of £225,137 and a rental value of £1,077 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £199,407 and £954 per month respectively.
Recent Market Change
Over the last year, 16, Parc Mellan, Penzance has seen its estimated sale value decline by £3,105 (1.4%) and its estimated rental value climb by £55 per month (5.3%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
16, Parc Mellan, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Parc Mellan, Penzance have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th August 2024, was 3, Barton Close, Penzance, TR18 3JA, a freehold house which sold for £240,000.
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
Of the 39 addresses on Parc Mellan, Penzance, TR18, 16, Parc Mellan, Penzance comes out as the 13th largest and the 7th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the TR18 district.
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Schools Nearby
- 700mSt Mary's Catholic School, Penzance
- 700mPensans Community Primary School
- 1.1kmHeamoor Community Primary School
- 600mHumphry Davy School
- 800mMounts Bay Academy
- 9.3kmSt Ives School
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Public Transport Nearby
From 16, Parc Mellan, Penzance, the nearest station is Penzance, 1.2 kilometres away.
- 1.2kmPenzance
- 8.5kmSt Erth
- 9.2kmLelant Saltings
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
