56, The Ropewalk
56, The Ropewalk
Description & Estimates
The public record describes 56, The Ropewalk, Penzance as a mid-century apartment with 678 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
56, The Ropewalk, Penzance has an estimated sale value of £185,400 and an estimated rental value of £924 per month, assuming reasonable condition and based on the information available.
The Ropewalk, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
56, The Ropewalk, Penzance has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 56, The Ropewalk, Penzance would be worth £194,670, with a potential rental value of £970 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £172,422, with a rental value of £859 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 56, The Ropewalk, Penzance has declined by £3,139 (1.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £47 (5.1%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
56, The Ropewalk, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 770 metres of 56, The Ropewalk, Penzance across the last 2 years.
Most recently, 46, The Ropewalk, Penzance, TR18 4QN, a leasehold flat, sold at £185,000 on the 23rd October 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
Our analysis of the public data ranks 56, The Ropewalk, Penzance as the 61st largest and the 63rd most expensive of the 72 addresses on The Ropewalk, Penzance, TR18.
Against the TR18 postcode district average, it is £108k less expensive than the typical property.
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Schools Nearby
- 300mAlverton Primary School
- 500mNewlyn School
- 900mSt Mary's CofE Primary School, Penzance
- 1.5kmHumphry Davy School
- 1.7kmMounts Bay Academy
- 9.7kmCape Cornwall School
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Public Transport Nearby
Penzance station is the nearest stop to 56, The Ropewalk, Penzance at 1.7 kilometres away.
- 1.7kmPenzance
- 10.0kmSt Erth
- 10.8kmLelant Saltings
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
