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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
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According to the public record, 16 Mayon Farm, Penzance is a modern leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16 Mayon Farm, Penzance is £135,786 and the estimated rental value is £914 per month.
Sennen, Penzance, TR19 is located within the TR19 postal district.
16 Mayon Farm, Penzance has 31 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Mayon Farm, Penzance is in very good condition we estimate a sale value of £142,575 and a rental value of £960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,281 and a rental value of £850 per month.
Over the last 12 months the sale value of 16 Mayon Farm Penzance has decreased by an estimated £1,906 (1.4%) and its rental value has increased by an estimated £44 per month (4.9%), giving an expected gross yield of 8.1%.
16 Mayon Farm, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 16 Mayon Farm, Penzance was last sold on 7th June 2019 for £114,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2019, the market for similar properties has risen 12.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 16 Mayon Farm, Penzance within a radius of 5.4 kilometres over the last 2 years.
The most recent example is Flat 1, Rossiter House, Penzance, TR19 7AD, a leasehold flat which sold for £117,500 on the 25th November 2019.
Read more about house prices in TR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sennen, Penzance, TR19 has a total of 185 addresses. According to our analysis of all the public data, 16 Mayon Farm, Penzance is the 180th largest and the 181st most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in TR19.
The closest station to 16 Mayon Farm, Penzance is Penzance station which is 12.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 16 Mayon Farm, Penzance, 51.0% of property is privately owned outright and 22.5% 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 Mayon Farm, Penzance, 14.4% of residents are recorded as possessing school level qualifications and 38.4% 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 Mayon Farm, Penzance, the average age was 47.9 and the most common age was 62.
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 Mayon Farm, Penzance, 1.4% 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 Mayon Farm, Penzance, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
