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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 24, The Ropewalk, Penzance to be a mid-century freehold house with 624 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
24, The Ropewalk, Penzance has an estimated sale value of £215,211 and an estimated rental value of £1,026 per month, assuming reasonable condition and based on the information available.
The Ropewalk, Penzance, TR18 lies within the TR18 postal district.
24, The Ropewalk, Penzance has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 24, The Ropewalk, Penzance would be worth £225,971, with a potential rental value of £1,077 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £200,146, with a rental value of £954 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 24, The Ropewalk, Penzance has fallen by £3,117 (1.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £55 (5.3%). The property's estimated gross yield is currently 5.7%.
24, The Ropewalk, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
24, The Ropewalk, Penzance last changed hands on 27th September 2024, selling for £251,000. 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 dropped by 21.2% since September 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 870 metres of 24, The Ropewalk, Penzance across the last 2 years.
Most recently, 9, Boswergy, Penzance, TR18 4RL, a freehold house, sold at £330,000 on the 26th August 2022.
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 24, The Ropewalk, Penzance as the 68th largest and the 59th most expensive of the 72 addresses on The Ropewalk, Penzance, TR18.
Against the TR18 postcode district average, it is £78k less expensive than the typical property.
Penzance station is the nearest stop to 24, The Ropewalk, Penzance at 1.9 kilometres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 24, The Ropewalk, Penzance, 49.1% of property is socially rented and 29.3% 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 24, The Ropewalk, Penzance, 16.0% of residents are recorded as possessing school level qualifications and 20.7% 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 24, The Ropewalk, 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 24, The Ropewalk, 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 24, The Ropewalk, 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.
