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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 Polvellan, The Parade, Penzance is a modern leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Polvellan, The Parade, Penzance is £643,387 and the estimated rental value is £1,437 per month.
The Parade, Mousehole, Penzance, TR19 is located within the TR19 postal district.
2 Polvellan, The Parade, Penzance has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated September 2022.
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.
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 Polvellan, The Parade, Penzance is in very good condition we estimate a sale value of £675,556 and a rental value of £1,509 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £598,350 and a rental value of £1,337 per month.
Over the last 12 months the sale value of 2 Polvellan The Parade Penzance has decreased by an estimated £3,594 (0.6%) and its rental value has increased by an estimated £77 per month (5.3%), giving an expected gross yield of 2.7%.
2 Polvellan, The Parade, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
According to HM Land Registry, 2 Polvellan, The Parade, Penzance was last sold on 2nd December 2022 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 45.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2 Polvellan, The Parade, Penzance within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 1 Polvellan, The Parade, Penzance, TR19 6PT, a leasehold flat which sold for £640,000 on the 11th May 2022.
Read more about house prices in TR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parade, Mousehole, Penzance, TR19 has a total of 29 addresses. According to our analysis of all the public data, 2 Polvellan, The Parade, Penzance is the 15th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £284k more expensive than the average property in TR19.
The closest station to 2 Polvellan, The Parade, Penzance is Penzance station which is 4.0 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 Polvellan, The Parade, Penzance, 62.8% of property is privately owned outright and 17.0% 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 Polvellan, The Parade, Penzance, 9.4% of residents are recorded as possessing school level qualifications and 39.7% 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 Polvellan, The Parade, Penzance, the average age was 49.5 and the most common age was 72.
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 Polvellan, The Parade, 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 Polvellan, The Parade, Penzance, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
