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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, 2, Centenary Way, Penzance is a modern freehold house with 1,431 ft2 of internal area and sits on a 163 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Centenary Way, Penzance is £423,508 and the estimated rental value is £1,440 per month.
Centenary Way, Penzance, TR18 is located within the TR18 postal district.
2, Centenary Way, Penzance has a single entry in the Land Registry from June 2019 and a single entry in the EPC database dated August 2019.
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 2, Centenary Way, Penzance is in very good condition we estimate a sale value of £444,683 and a rental value of £1,512 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,862 and a rental value of £1,339 per month.
Over the last 12 months the sale value of 2 Centenary Way Penzance has decreased by an estimated £23,401 (5.5%) and its rental value has increased by an estimated £34 per month (2.4%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 2, Centenary Way, Penzance sits on a plot of 163m2.
We have plot size data on 13 out of 34 other houses in the postcode and 2, Centenary Way, Penzance sits on the 8th largest plot.
2, Centenary Way, Penzance has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Centenary Way, Penzance was last sold on 27th June 2019 for £314,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2019, the market for similar properties has risen 9.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Centenary Way, Penzance within a radius of 600 metres over the last 2 years.
The most recent example is 6, Centenary Way, Penzance, TR18 2FU, a freehold house which sold for £415,000 on the 15th December 2023.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Centenary Way, Penzance, TR18 has a total of 71 addresses. According to our analysis of all the public data, 2, Centenary Way, Penzance is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £138k more expensive than the average property in TR18.
The closest station to 2, Centenary Way, Penzance is Penzance station which is 1.1 kilometres away.
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 2, Centenary Way, Penzance, 37.7% of property is privately owned outright and 22.1% 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 2, Centenary Way, Penzance, 15.9% of residents are recorded as possessing school level qualifications and 39.0% 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 2, Centenary Way, 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 2, Centenary Way, 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 2, Centenary Way, Penzance, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
