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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 35, New Street, Penzance to be a period freehold house with 484 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
35, New Street, Penzance has an estimated sale value of £199,292 and an estimated rental value of £899 per month, assuming reasonable condition and based on the information available.
New Street, Penzance, TR18 lies within the TR18 postal district.
35, New Street, Penzance has 4 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated October 2021.
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 35, New Street, Penzance would be worth £209,257, with a potential rental value of £944 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £185,342, with a rental value of £836 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 35, New Street, Penzance has declined by £2,886 (1.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £48 (5.3%). The property's estimated gross yield is currently 5.4%.
35, New Street, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, dual fuel (mineral and wood).
35, New Street, Penzance last changed hands on 11th March 2022, selling for £174,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 9.7% since March 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of 35, New Street, Penzance across the last 2 years.
Most recently, 35, Queen Street, Penzance, TR18 4BH, a freehold house, sold at £170,000 on the 20th January 2023.
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 35, New Street, Penzance as the 64th largest and the 30th most expensive of the 93 addresses on New Street, Penzance, TR18.
Against the TR18 postcode district average, it is £94k less expensive than the typical property.
Penzance station is the nearest stop to 35, New Street, Penzance at 400 metres away.
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 35, New Street, Penzance, 43.1% of property is socially rented and 33.8% 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 35, New Street, Penzance, 7.4% of residents are recorded as possessing school level qualifications and 22.0% 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 35, New Street, 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 35, New Street, Penzance, 0.6% 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 35, New Street, Penzance, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
