5 The Elms, Penzance
5 The Elms, Penzance
Description & Estimates
5 The Elms, Penzance is recorded publicly as a modern freehold house across 538 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5 The Elms, Penzance is £340,063 and its rental estimate is £993 per month, given the available information and assuming reasonable condition.
Perranuthnoe, Penzance, TR20 falls within the TR20 postal district.
Our Data Sources
5 The Elms, Penzance has 41 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated August 2020.
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
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 The Elms, Penzance, we estimate a market value of £357,066 and a rental value of £1,043 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £316,259 and £924 per month respectively.
Recent Market Change
Over the last year, 5 The Elms, Penzance has seen its estimated sale value decrease by £4,343 (1.3%) and its estimated rental value grow by £54 per month (5.4%). This results in an estimated gross rental yield of 3.5%.
Energy Efficiency
5 The Elms, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 5 The Elms, Penzance completed on 19th December 2022 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 1.5% over the period since December 2022.
- Sold Dec 2022£400,000
- Sold Feb 2021£250,000
- Sold Oct 2001£88,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5 The Elms, Penzance have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st April 2021, was 2 Chy-Ar-Venton, Turnpike Road, Marazion, TR17 0DS, a freehold house which sold for £297,000.
Read more about house prices in TR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 109 addresses on Perranuthnoe, Penzance, TR20, 5 The Elms, Penzance comes out as the 99th largest and the 85th most expensive in our analysis of the public data.
It is also £61k less expensive than the average property across the TR20 district.
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Schools Nearby
- 1.9kmMarazion School
- 2.3kmSt Hilary School
- 4.3kmLudgvan School
- 7.0kmHumphry Davy School
- 8.1kmHayle Academy
- 8.1kmMounts Bay Academy
More reading links
Public Transport Nearby
From 5 The Elms, Penzance, the nearest station is St Erth, 6.1 kilometres away.
- 6.1kmSt Erth
- 6.3kmPenzance
- 7.1kmLelant Saltings
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
