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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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According to the public record, 4, Ridgevale Close, Penzance is a modern freehold house with 2,583 ft2 of internal area and sits on a 1,521 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Ridgevale Close, Penzance is £775,851 and the estimated rental value is £1,799 per month.
Ridgevale Close, Gulval, Penzance, TR18 is located within the TR18 postal district.
4, Ridgevale Close, Penzance has 21 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated January 2022.
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.
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 4, Ridgevale Close, Penzance is in very good condition we estimate a sale value of £814,644 and a rental value of £1,888 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £721,542 and a rental value of £1,673 per month.
Over the last 12 months the sale value of 4 Ridgevale Close Penzance has decreased by an estimated £32,691 (4.2%) and its rental value has increased by an estimated £44 per month (2.4%), giving an expected gross yield of 2.8%.
According to data from HM Land Registry, 4, Ridgevale Close, Penzance sits on a plot of 1521m2.
We have plot size data on 16 out of 17 other houses in the postcode and 4, Ridgevale Close, Penzance sits on the 2nd largest plot.
4, Ridgevale Close, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Ridgevale Close, Penzance was last sold on 28th April 2022 for £710,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2022, the market for similar properties has dropped 19.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Ridgevale Close, Penzance within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Rosemorran Farmhouse, Penzance, TR20 8YS, a freehold house which sold for £390,000 on the 2nd December 2022.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgevale Close, Gulval, Penzance, TR18 has a total of 17 addresses. According to our analysis of all the public data, 4, Ridgevale Close, Penzance is the largest and the most expensive property on the street.
When compared to the postcode district it is £483k more expensive than the average property in TR18.
The closest station to 4, Ridgevale Close, Penzance is Penzance station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Ridgevale Close, Penzance, 55.7% of property is privately owned outright and 24.6% is privately owned with a mortgage.
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 4, Ridgevale Close, Penzance, 11.6% of residents are recorded as possessing school level qualifications and 33.8% 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 4, Ridgevale Close, Penzance, the average age was 45.1 and the most common age was 52.
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 4, Ridgevale Close, Penzance, 0.0% 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 4, Ridgevale Close, Penzance, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
