3, Chyvellas Close
3, Chyvellas Close
Description & Estimates
Public records show 3, Chyvellas Close, Penzance to be a modern freehold house with 1,442 ft2 of internal area, sitting on a 223 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Chyvellas Close, Penzance has an estimated sale value of £409,050 and an estimated rental value of £1,505 per month, assuming reasonable condition and based on the information available.
Chyvellas Close, Newlyn, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
3, Chyvellas Close, Penzance has 2 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Chyvellas Close, Penzance would be worth £429,502, with a potential rental value of £1,580 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £380,416, with a rental value of £1,400 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Chyvellas Close, Penzance has fallen by £12,519 (3.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £56 (3.7%). The property's estimated gross yield is currently 4.4%.
Plot Size
3, Chyvellas Close, Penzance occupies a 223 m2 plot as recorded by HM Land Registry.
Of the 13 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 10th largest.
Energy Efficiency
3, Chyvellas Close, Penzance has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Sep 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Chyvellas Close, Penzance last changed hands on 28th April 2022, selling for £350,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 6.3% since April 2022.
- Sold Apr 2022£350,000
- Sold Oct 2014£215,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 3, Chyvellas Close, Penzance across the last 2 years.
Most recently, 7, Chyvellas Close, Penzance, TR18 5RB, a freehold house, sold at £380,000 on the 31st May 2023.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Chyvellas Close, Penzance as the 3rd largest and the 4th most expensive of the 13 addresses on Chyvellas Close, Newlyn, Penzance, TR18.
Against the TR18 postcode district average, it is £116k more expensive than the typical property.
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Schools Nearby
- 1.0kmNewlyn School
- 1.6kmAlverton Primary School
- 1.9kmSt Mary's CofE Primary School, Penzance
- 2.9kmHumphry Davy School
- 3.1kmMounts Bay Academy
- 9.8kmCape Cornwall School
More reading links
Public Transport Nearby
Penzance station is the nearest stop to 3, Chyvellas Close, Penzance at 2.9 kilometres away.
- 2.9kmPenzance
- 11.1kmSt Erth
- 11.9kmLelant Saltings
Available Internet Speeds
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.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
