5 Vellanhoggan Mews, Vellanhoggan
5 Vellanhoggan Mews, Vellanhoggan
Description & Estimates
5 Vellanhoggan Mews, Vellanhoggan, Penzance is recorded publicly as a mid-century freehold house across 516 ft2 of internal area, sitting on a 53.1 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5 Vellanhoggan Mews, Vellanhoggan, Penzance is £159,036 and its rental estimate is £871 per month, given the available information and assuming reasonable condition.
Vellanhoggan, Gulval, Penzance, TR18 falls within the TR18 postal district.
Our Data Sources
5 Vellanhoggan Mews, Vellanhoggan, Penzance has 21 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated October 2024.
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 Vellanhoggan Mews, Vellanhoggan, Penzance, we estimate a market value of £166,988 and a rental value of £914 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £147,904 and £810 per month respectively.
Recent Market Change
Over the last year, 5 Vellanhoggan Mews, Vellanhoggan, Penzance has seen its estimated sale value fall by £2,303 (1.4%) and its estimated rental value move up by £46 per month (5.3%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 5 Vellanhoggan Mews, Vellanhoggan, Penzance as measuring 53 m2.
That makes it the 6th largest plot in the postcode, where 7 of the 10 other houses have recorded plot data.
Energy Efficiency
5 Vellanhoggan Mews, Vellanhoggan, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Sold Prices
The most recent sale of 5 Vellanhoggan Mews, Vellanhoggan, Penzance completed on 12th August 2022 at £135,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.8% over the period since August 2022.
- Sold Aug 2022£135,000
- Sold Oct 2004£102,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5 Vellanhoggan Mews, Vellanhoggan, Penzance have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th February 2023, was 28, Freshbrook Close, Penzance, TR18 3RQ, a freehold house which sold for £170,000.
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 10 addresses on Vellanhoggan, Gulval, Penzance, TR18, 5 Vellanhoggan Mews, Vellanhoggan, Penzance comes out as the 9th largest and the 10th most expensive in our analysis of the public data.
It is also £134k less expensive than the average property across the TR18 district.
More reading links
Schools Nearby
- 300mGulval School
- 800mSt Mary's Catholic School, Penzance
- 1.6kmPensans Community Primary School
- 1.1kmHumphry Davy School
- 2.1kmMounts Bay Academy
- 8.7kmSt Ives School
More reading links
Public Transport Nearby
From 5 Vellanhoggan Mews, Vellanhoggan, Penzance, the nearest station is Penzance, 900 metres away.
- 900mPenzance
- 7.4kmSt Erth
- 8.2kmLelant 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.
