61, Adelaide Street
61, Adelaide Street
Description & Estimates
61, Adelaide Street, Penzance is described in the public record as a period apartment with 1,044 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 61, Adelaide Street, Penzance is £204,337 and its rental estimate is £967 per month, given the available information and assuming reasonable condition.
Adelaide Street, Penzance, TR18 falls within the TR18 postal district.
Our Data Sources
61, Adelaide Street, Penzance has no records in the the Land Registry and a single entry in the EPC database dated September 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 61, Adelaide Street, Penzance, we estimate a market value of £214,554 and a rental value of £1,015 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £190,033 and £899 per month respectively.
Recent Market Change
Over the last year, 61, Adelaide Street, Penzance has seen its estimated sale value decrease by £1,506 (0.7%) and its estimated rental value grow by £59 per month (6.1%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
61, Adelaide Street, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Sep 2018.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 61, Adelaide Street, Penzance have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th April 2018, was Flat 3, The Dairy, Belgravia Street, Penzance, TR18 2FG, a leasehold flat which sold for £121,000.
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 57 addresses on Adelaide Street, Penzance, TR18, 61, Adelaide Street, Penzance comes out as the 3rd largest and the 41st most expensive in our analysis of the public data.
It is also £89k less expensive than the average property across the TR18 district.
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Schools Nearby
- 600mSt Mary's Catholic School, Penzance
- 900mSt Mary's CofE Primary School, Penzance
- 1.0kmPensans Community Primary School
- 600mHumphry Davy School
- 1.8kmMounts Bay Academy
- 9.8kmSt Ives School
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Public Transport Nearby
From 61, Adelaide Street, Penzance, the nearest station is Penzance, 100 metres away.
- 100mPenzance
- 8.4kmSt Erth
- 9.2kmLelant Saltings
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
