2, Penlee Close
2, Penlee Close
Description & Estimates
2, Penlee Close, Penzance is recorded publicly as a mid-century freehold house across 1,216 ft2 of internal area, sitting on a 686 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Penlee Close, Penzance is £516,016 and its rental estimate is £1,534 per month, given the available information and assuming reasonable condition.
Penlee Close, Praa Sands, Penzance, TR20 falls within the TR20 postal district.
Our Data Sources
2, Penlee Close, Penzance has a single entry in the Land Registry from June 2020 and a single entry in the EPC database dated December 2019.
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.
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 2, Penlee Close, Penzance, we estimate a market value of £541,817 and a rental value of £1,611 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £479,895 and £1,427 per month respectively.
Recent Market Change
Over the last year, 2, Penlee Close, Penzance has seen its estimated sale value drop by £9,623 (1.9%) and its estimated rental value rise by £73 per month (4.7%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for 2, Penlee Close, Penzance as measuring 686 m2.
That makes it the 9th largest plot in the postcode, where 9 of the 10 other houses have recorded plot data.
Energy Efficiency
2, Penlee Close, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, Penlee Close, Penzance completed on 23rd June 2020 at £435,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 14.0% over the period since June 2020.
- Sold Jun 2020£435,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Penlee Close, Penzance have sold within a radius of 3.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2024, was 14, The Links, Penzance, TR20 9RD, a freehold house which sold for £615,000.
Read more about house prices in TR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Penlee Close, Praa Sands, Penzance, TR20, 2, Penlee Close, Penzance comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £115k more expensive than the average property across the TR20 district.
More reading links
Schools Nearby
- 600mGermoe Community Primary School
- 3.6kmBreage CofE Primary School
- 3.6kmGodolphin Primary School
- 7.9kmHelston Community College
- 8.6kmHayle Academy
- 11.3kmHumphry Davy School
More reading links
Public Transport Nearby
From 2, Penlee Close, Penzance, the nearest station is St Erth, 8.0 kilometres away.
- 8.0kmSt Erth
- 8.8kmLelant Saltings
- 8.9kmHayle
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
