37, Medrose Terrace
37, Medrose Terrace
Description & Estimates
Public records show 37, Medrose Terrace, Penzance to be a period Leasehold apartment with 458 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
37, Medrose Terrace, Penzance has an estimated sale value of £270,197 and an estimated rental value of £788 per month, assuming reasonable condition and based on the information available.
The apartment sits within 37, Medrose Terrace, Penzance, TR18.
Medrose Terrace, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
37, Medrose Terrace, Penzance has a single entry in the Land Registry from July 2011 and a single entry in the EPC database dated March 2010.
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 37, Medrose Terrace, Penzance would be worth £283,707, with a potential rental value of £827 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £251,284, with a rental value of £733 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 37, Medrose Terrace, Penzance has declined by £4,589 (1.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £40 (5.0%). The property's estimated gross yield is currently 3.5%.
Energy Efficiency
37, Medrose Terrace, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
37, Medrose Terrace, Penzance last changed hands on 8th July 2011, selling for £185,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 45.4% since July 2011.
- Sold Jul 2011£185,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 350 metres of 37, Medrose Terrace, Penzance across the last 2 years.
Most recently, 1, Rose Terrace, Penzance, TR18 2EA, a leasehold flat, sold at £190,000 on the 16th December 2016.
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 37, Medrose Terrace, Penzance as the 17th largest and the 13th most expensive of the 18 addresses on Medrose Terrace, Penzance, TR18.
Against the TR18 postcode district average, it is £23k less expensive than the typical property.
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Schools Nearby
- 400mSt Mary's Catholic School, Penzance
- 700mPensans Community Primary School
- 1.0kmSt Mary's CofE Primary School, Penzance
- 300mHumphry Davy School
- 1.4kmMounts Bay Academy
- 9.7kmSt Ives School
More reading links
Public Transport Nearby
Penzance station is the nearest stop to 37, Medrose Terrace, Penzance at 400 metres away.
- 400mPenzance
- 8.5kmSt Erth
- 9.3kmLelant 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.
