7, Forbes Close
7, Forbes Close
Description & Estimates
The public record describes 7, Forbes Close, Penzance as a mid-century house with 796 ft2 of internal area, sitting on a 152 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, Forbes Close, Penzance has an estimated sale value of £221,744 and an estimated rental value of £1,137 per month, assuming reasonable condition and based on the information available.
Forbes Close, Newlyn, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
7, Forbes Close, Penzance has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 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 7, Forbes Close, Penzance would be worth £232,832, with a potential rental value of £1,193 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £206,222, with a rental value of £1,057 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 7, Forbes Close, Penzance has moved down by £4,554 (2.1%) over the last year. During the same period, its estimated monthly rental value has increased by £52 (4.6%). The property's estimated gross yield is currently 6.2%.
Plot Size
7, Forbes Close, Penzance occupies a 152 m2 plot as recorded by HM Land Registry.
Of the 25 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
7, Forbes Close, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
7, Forbes Close, Penzance last changed hands on 21st September 2000, selling for £64,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Sep 2000£64,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 7, Forbes Close, Penzance across the last 2 years.
Most recently, 10, Park Road, Penzance, TR18 5DZ, a freehold house, sold at £260,000 on the 28th March 2025.
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 7, Forbes Close, Penzance as the 21st largest and the 21st most expensive of the 25 addresses on Forbes Close, Newlyn, Penzance, TR18.
Against the TR18 postcode district average, it is £71k less expensive than the typical property.
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Schools Nearby
- 1.1kmNewlyn School
- 1.7kmAlverton Primary School
- 1.9kmMousehole School
- 3.0kmHumphry Davy School
- 3.2kmMounts Bay Academy
- 9.8kmCape Cornwall School
More reading links
Public Transport Nearby
Penzance station is the nearest stop to 7, Forbes Close, Penzance at 3.0 kilometres away.
- 3.0kmPenzance
- 11.2kmSt Erth
- 12.0kmLelant Saltings
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
