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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7 Nanceddan Farm, Penzance is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7 Nanceddan Farm, Penzance is £132,197 and the estimated rental value is £842 per month.
Ludgvan, Penzance, TR20 is located within the TR20 postal district.
7 Nanceddan Farm, Penzance has a single entry in the Land Registry from March 2007 and a single entry in the EPC database dated October 2023.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7 Nanceddan Farm, Penzance is in very good condition we estimate a sale value of £138,807 and a rental value of £884 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,944 and a rental value of £783 per month.
Over the last 12 months the sale value of 7 Nanceddan Farm Penzance has decreased by an estimated £3,677 (2.8%) and its rental value has increased by an estimated £44 per month (5.2%), giving an expected gross yield of 7.6%.
7 Nanceddan Farm, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 7 Nanceddan Farm, Penzance was last sold on 21st March 2007 for £105,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2007, the market for similar properties has risen 52.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Nanceddan Farm, Penzance within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 21, Polmor Road, Penzance, TR20 8DW, a leasehold flat which sold for £120,000 on the 15th July 2022.
Read more about house prices in TR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ludgvan, Penzance, TR20 has a total of 139 addresses. According to our analysis of all the public data, 7 Nanceddan Farm, Penzance is the 124th largest and the 137th most expensive property on the street.
When compared to the postcode district it is £264k less expensive than the average property in TR20.
The closest station to 7 Nanceddan Farm, Penzance is St Erth station which is 3.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7 Nanceddan Farm, Penzance, 55.2% of property is privately owned outright and 25.7% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7 Nanceddan Farm, Penzance, 11.2% of residents are recorded as possessing school level qualifications and 26.8% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7 Nanceddan Farm, Penzance, the average age was 50 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7 Nanceddan Farm, Penzance, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7 Nanceddan Farm, Penzance, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
