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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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20, Redinnick Terrace, Penzance appears in the public record as a freehold house sitting on a 103 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,021 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 20, Redinnick Terrace, Penzance is £310,397 and its rental estimate is £1,284 per month, given the available information and assuming reasonable condition.
Redinnick Terrace, Penzance, TR18 falls within the TR18 postal district.
20, Redinnick Terrace, Penzance has 41 entries in the Land Registry , most recently in July 2009 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 5 out of 5 and is considered of high accuracy.
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 20, Redinnick Terrace, Penzance, we estimate a market value of £325,917 and a rental value of £1,349 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £288,670 and £1,194 per month respectively.
Over the last year, 20, Redinnick Terrace, Penzance has seen its estimated sale value decline by £6,375 (2.1%) and its estimated rental value climb by £59 per month (4.6%). This results in an estimated gross rental yield of 5.0%.
HM Land Registry records the plot of land for 20, Redinnick Terrace, Penzance as measuring 103 m2.
That makes it the 21st largest plot in the postcode, where 23 of the 25 other houses have recorded plot data.
The most recent sale of 20, Redinnick Terrace, Penzance completed on 9th July 2009 at £190,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 67.1% over the period since July 2009.
Over the past 2 years 3 properties similar to 20, Redinnick Terrace, Penzance have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2024, was Jubilee Cottage, Redinnick Terrace, Penzance, TR18 4HR, a freehold house which sold for £270,000.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 25 addresses on Redinnick Terrace, Penzance, TR18, 20, Redinnick Terrace, Penzance comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £17k more expensive than the average property across the TR18 district.
From 20, Redinnick Terrace, Penzance, the nearest station is Penzance, 1.0 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Redinnick Terrace, Penzance, 64.0% of property is privately owned outright and 19.3% 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 20, Redinnick Terrace, Penzance, 10.4% of residents are recorded as possessing school level qualifications and 44.7% 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 20, Redinnick Terrace, 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 20, Redinnick Terrace, 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 20, Redinnick Terrace, 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.
