5 Parc Villas, Penzance
5 Parc Villas, Penzance
Description & Estimates
According to the public record, 5 Parc Villas, Penzance is a period freehold house with 1,474 ft2 of internal area and sits on a 108 m2 plot.
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 5 Parc Villas, Penzance is £480,466 and the estimated rental value is £1,362 per month.
Newlyn, Penzance, TR18 is located within the TR18 postal district.
Our Data Sources
5 Parc Villas, Penzance has 21 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 5 Parc Villas, Penzance is in very good condition we estimate a sale value of £504,489 and a rental value of £1,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,833 and a rental value of £1,267 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5 Parc Villas, Penzance has moved down by £14,704 (3.1%), while its estimated rental value has increased by £51 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 3.4%.
Plot Size
According to data from HM Land Registry, 5 Parc Villas, Penzance sits on a plot of 108 m2.
We have plot size data on 6 out of 6 other houses in the postcode and 5 Parc Villas, Penzance sits on the 6th largest plot.
Energy Efficiency
5 Parc Villas, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5 Parc Villas, Penzance was last sold on 11th October 2024 for £482,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2024, the market for similar properties has dropped by 9.1%.
- Sold Oct 2024£482,000
- Sold Jun 2001£90,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Parc Villas, Penzance within a radius of 930 metres over the last 2 years.
The most recent example is 3 Bon Villas, Penzance, TR18 5BZ, a freehold house which sold for £440,000 on the 20th August 2024.
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
Newlyn, Penzance, TR18 has a total of 55 addresses. According to our analysis of all the public data, 5 Parc Villas, Penzance is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £187k more expensive than the average property in TR18.
More reading links
Schools Nearby
- 800mNewlyn School
- 1.4kmAlverton Primary School
- 1.6kmSt Mary's CofE Primary School, Penzance
- 2.7kmHumphry Davy School
- 3.0kmMounts Bay Academy
- 10.1kmCape Cornwall School
More reading links
Public Transport Nearby
The closest station to 5 Parc Villas, Penzance is Penzance station, which is 2.6 kilometres away.
- 2.6kmPenzance
- 10.8kmSt Erth
- 11.6kmLelant Saltings
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
