3 Drift Close, Penzance
3 Drift Close, Penzance
Description & Estimates
According to the public record, 3 Drift Close, Penzance is a modern freehold house with 785 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3 Drift Close, Penzance is £284,167 and the estimated rental value is £1,361 per month.
Lower Drift, Buryas Bridge, Penzance, TR19 is located within the TR19 postal district.
Our Data Sources
3 Drift Close, Penzance has 2 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated April 2015.
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
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 3 Drift Close, Penzance is in very good condition we estimate a sale value of £298,375 and a rental value of £1,429 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,275 and a rental value of £1,266 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3 Drift Close, Penzance has declined by £3,582 (1.3%), while its estimated rental value has climbed by £65 per month (4.8%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Energy Efficiency
3 Drift Close, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Apr 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, LPG.
Sold Prices
According to HM Land Registry, 3 Drift Close, Penzance was last sold on 20th December 2018 for £235,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2018, the market for similar properties has risen by 20.5%.
- Sold Dec 2018£235,000
- Sold Jan 2012£170,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 Drift Close, Penzance within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 18, Tregie, Penzance, TR18 5QY, a freehold house which sold for £250,000 on the 21st June 2021.
Read more about house prices in TR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lower Drift, Buryas Bridge, Penzance, TR19 has a total of 31 addresses. According to our analysis of all the public data, 3 Drift Close, Penzance is the 29th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in TR19.
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Schools Nearby
- 2.4kmNewlyn School
- 2.8kmAlverton Primary School
- 3.0kmHeamoor Community Primary School
- 3.4kmMounts Bay Academy
- 3.9kmHumphry Davy School
- 7.9kmCape Cornwall School
More reading links
Public Transport Nearby
The closest station to 3 Drift Close, Penzance is Penzance station, which is 4.2 kilometres away.
- 4.2kmPenzance
- 12.4kmSt Erth
- 13.2kmLelant Saltings
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
