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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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Public records show 2, Empress Avenue, Penzance to be a mid-century freehold house with 2,325 ft2 of internal area, sitting on a 588 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
2, Empress Avenue, Penzance has an estimated sale value of £514,644 and an estimated rental value of £1,902 per month, assuming reasonable condition and based on the information available.
Empress Avenue, Penzance, TR18 lies within the TR18 postal district.
2, Empress Avenue, Penzance has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated December 2017.
We combine this information with that 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.
In very good condition, we estimate 2, Empress Avenue, Penzance would be worth £540,376, with a potential rental value of £1,998 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £478,619, with a rental value of £1,769 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Empress Avenue, Penzance has moved down by £21,685 (4.2%) over the last year. During the same period, its estimated monthly rental value has increased by £46 (2.4%). The property's estimated gross yield is currently 4.4%.
2, Empress Avenue, Penzance occupies a 588 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the 2nd largest.
2, Empress Avenue, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Dec 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
2, Empress Avenue, Penzance last changed hands on 23rd April 2018, selling for £305,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 68.9% since April 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 2, Empress Avenue, Penzance across the last 2 years.
Most recently, 12, Penrose Terrace, Penzance, TR18 2HQ, a freehold house, sold at £650,000 on the 17th July 2023.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Empress Avenue, Penzance as the largest and the most expensive of the 6 addresses on Empress Avenue, Penzance, TR18.
Against the TR18 postcode district average, it is £222k more expensive than the typical property.
Penzance station is the nearest stop to 2, Empress Avenue, Penzance at 500 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Empress Avenue, Penzance, 37.5% of property is privately owned outright and 32.0% 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 2, Empress Avenue, Penzance, 19.7% of residents are recorded as possessing school level qualifications and 35.0% 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, Empress Avenue, Penzance, the average age was 46.3 and the most common age was 57.
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, Empress Avenue, 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, Empress Avenue, 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.
