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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Regent Square, Penzance is £493,309 and the estimated rental value is £1,435 per month.
Regent Square, Penzance, TR18 is located within the TR18 postal district.
3, Regent Square, Penzance has a single entry in the Land Registry from August 2018 and a single entry in the EPC database dated August 2017.
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.
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, Regent Square, Penzance is in very good condition we estimate a sale value of £517,975 and a rental value of £1,507 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,778 and a rental value of £1,335 per month.
Over the last 12 months the sale value of 3 Regent Square Penzance has decreased by an estimated £27,258 (5.5%) and its rental value has increased by an estimated £34 per month (2.4%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 3, Regent Square, Penzance sits on a plot of 260m2.
We have plot size data on 17 out of 21 other houses in the postcode and 3, Regent Square, Penzance sits on the 2nd largest plot.
3, Regent Square, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Aug 2017.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Regent Square, Penzance was last sold on 24th August 2018 for £339,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2018, the market for similar properties has risen 20.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Regent Square, Penzance within a radius of 520 metres over the last 2 years.
The most recent example is 27, Chapel Street, Penzance, TR18 4AP, a freehold house which sold for £425,000 on the 26th May 2021.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Regent Square, Penzance, TR18 has a total of 22 addresses. According to our analysis of all the public data, 3, Regent Square, Penzance is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £207k more expensive than the average property in TR18.
The closest station to 3, Regent Square, Penzance is Penzance station which is 600 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Regent Square, Penzance, 36.9% of property is privately owned outright and 36.9% is privately rented.
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 3, Regent Square, Penzance, 6.0% of residents are recorded as possessing school level qualifications and 44.1% 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 3, Regent Square, 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 3, Regent Square, Penzance, 3.0% 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 3, Regent Square, Penzance, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.