5, Laregan Hill
5, Laregan Hill
Description & Estimates
5, Laregan Hill, Penzance appears in the public record as a freehold house sitting on a 647 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,749 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 5, Laregan Hill, Penzance is £664,068 and its rental estimate is £1,499 per month, given the available information and assuming reasonable condition.
Laregan Hill, Penzance, TR18 falls within the TR18 postal district.
Our Data Sources
5, Laregan Hill, Penzance has 21 entries in the Land Registry , most recently in January 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Laregan Hill, Penzance, we estimate a market value of £697,271 and a rental value of £1,574 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £617,583 and £1,394 per month respectively.
Recent Market Change
Over the last year, 5, Laregan Hill, Penzance has seen its estimated sale value move down by £20,323 (3.1%) and its estimated rental value increase by £56 per month (3.7%). This results in an estimated gross rental yield of 2.7%.
Plot Size
HM Land Registry records the plot of land for 5, Laregan Hill, Penzance as measuring 647 m2.
That makes it the 12th largest plot in the postcode, where 21 of the 30 other houses have recorded plot data.
Sold Prices
The most recent sale of 5, Laregan Hill, Penzance completed on 14th January 2015 at £525,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 18.0% over the period since January 2015.
- Sold Jan 2015£525,000
- Sold May 2005£445,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Laregan Hill, Penzance have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2024, was 10, Creeping Lane, Penzance, TR18 4PB, a freehold house which sold for £650,000.
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
Of the 36 addresses on Laregan Hill, Penzance, TR18, 5, Laregan Hill, Penzance comes out as the 11th largest and the 9th most expensive in our analysis of the public data.
It is also £371k more expensive than the average property across the TR18 district.
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Schools Nearby
- 300mAlverton Primary School
- 300mNewlyn School
- 700mSt Mary's CofE Primary School, Penzance
- 1.6kmHumphry Davy School
- 2.0kmMounts Bay Academy
- 10.0kmCape Cornwall School
More reading links
Public Transport Nearby
From 5, Laregan Hill, Penzance, the nearest station is Penzance, 1.6 kilometres away.
- 1.6kmPenzance
- 9.9kmSt Erth
- 10.7kmLelant Saltings
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
