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According to the public record, 2, St. Marys Close, Penzance is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,363 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, St. Marys Close, Penzance is £487,053 and the estimated rental value is £1,284 per month.
St. Marys Close, Penzance, TR18 is located within the TR18 postal district.
2, St. Marys Close, Penzance has 3 entries in the Land Registry , most recently in June 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, St. Marys Close, Penzance is in very good condition we estimate a sale value of £511,405 and a rental value of £1,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,959 and a rental value of £1,194 per month.
Over the last 12 months the sale value of 2 St. Marys Close Penzance has decreased by an estimated £14,906 (3.1%) and its rental value has increased by an estimated £48 per month (3.7%), giving an expected gross yield of 3.2%.
According to HM Land Registry, 2, St. Marys Close, Penzance was last sold on 5th June 2018 for £299,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2018, the market for similar properties has risen 40.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, St. Marys Close, Penzance within a radius of 400 metres over the last 2 years.
The most recent example is 4, St. Marys Terrace, Penzance, TR18 4DZ, a freehold house which sold for £510,000 on the 14th November 2024.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Marys Close, Penzance, TR18 has a total of 3 addresses. According to our analysis of all the public data, 2, St. Marys Close, Penzance is the largest and the most expensive property on the street.
When compared to the postcode district it is £194k more expensive than the average property in TR18.
The closest station to 2, St. Marys Close, Penzance is Penzance station which is 600 metres 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, St. Marys Close, Penzance, 50.9% of property is privately rented and 33.5% is privately owned outright.
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, St. Marys Close, Penzance, 8.9% of residents are recorded as possessing school level qualifications and 41.0% 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, St. Marys Close, 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, St. Marys Close, Penzance, 1.0% 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, St. Marys Close, Penzance, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.