3, Greeb Way
3, Greeb Way
Description & Estimates
Public records show 3, Greeb Way, Penzance to be a mid-century freehold house with 2,992 ft2 of internal area, sitting on a 1,216 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
3, Greeb Way, Penzance has an estimated sale value of £946,533 and an estimated rental value of £2,407 per month, assuming reasonable condition and based on the information available.
Greeb Way, Perranuthnoe, Penzance, TR20 lies within the TR20 postal district.
Our Data Sources
3, Greeb Way, Penzance has 21 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated December 2015.
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.
Price Range & Condition
In very good condition, we estimate 3, Greeb Way, Penzance would be worth £993,860, with a potential rental value of £2,528 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £880,276, with a rental value of £2,239 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, Greeb Way, Penzance has declined by £34,449 (3.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £73 (3.0%). The property's estimated gross yield is currently 3.1%.
Plot Size
3, Greeb Way, Penzance occupies a 1,216 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
3, Greeb Way, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Dec 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
3, Greeb Way, Penzance last changed hands on 31st March 2016, selling for £640,000. 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 risen by 15.9% since March 2016.
- Sold Mar 2016£640,000
- Sold Jun 1995£165,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.3 kilometres of 3, Greeb Way, Penzance across the last 2 years.
Most recently, Longcliffs, Penzance, TR20 9NF, a freehold house, sold at £710,000 on the 26th March 2021.
Read more about house prices in TR20.
•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, Greeb Way, Penzance as the largest and the most expensive of the 8 addresses on Greeb Way, Perranuthnoe, Penzance, TR20.
Against the TR20 postcode district average, it is £545k more expensive than the typical property.
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Schools Nearby
- 1.9kmMarazion School
- 2.5kmSt Hilary School
- 4.3kmLudgvan School
- 6.9kmHumphry Davy School
- 8.0kmMounts Bay Academy
- 8.3kmHayle Academy
More reading links
Public Transport Nearby
Penzance station is the nearest stop to 3, Greeb Way, Penzance at 6.2 kilometres away.
- 6.2kmPenzance
- 6.3kmSt Erth
- 7.3kmLelant Saltings
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
