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According to the public record, Rear Of 7, Penare Road, Penzance is a mid-century house with 484 ft2 of internal area and sits on a 276 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Rear Of 7, Penare Road, Penzance is £196,405 and the estimated rental value is £899 per month.
Penare Road, Penzance, TR18 is located within the TR18 postal district.
Rear Of 7, Penare Road, Penzance has no records in the the Land Registry and a single entry in the EPC database dated April 2015.
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.
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 Rear Of 7, Penare Road, Penzance is in very good condition we estimate a sale value of £206,225 and a rental value of £944 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,657 and a rental value of £836 per month.
Over the last 12 months the sale value of Rear Of 7 Penare Road Penzance has decreased by an estimated £2,844 (1.4%) and its rental value has increased by an estimated £48 per month (5.3%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, Rear Of 7, Penare Road, Penzance sits on a plot of 276m2.
We have plot size data on 8 out of 17 other houses in the postcode and Rear Of 7, Penare Road, Penzance sits on the 2nd largest plot.
Rear Of 7, Penare Road, Penzance has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Apr 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Rear Of 7, Penare Road, Penzance within a radius of 420 metres over the last 2 years.
The most recent example is 25, Leskinnick Terrace, Penzance, TR18 2HB, a freehold house which sold for £185,000 on the 25th January 2024.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penare Road, Penzance, TR18 has a total of 114 addresses. According to our analysis of all the public data, Rear Of 7, Penare Road, Penzance is the 58th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in TR18.
The closest station to Rear Of 7, Penare Road, Penzance is Penzance station which is 300 metres 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 Rear Of 7, Penare Road, Penzance, 46.9% of property is privately rented and 20.4% is privately owned outright.
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 Rear Of 7, Penare Road, Penzance, 20.5% of residents are recorded as possessing school level qualifications and 42.1% 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 Rear Of 7, Penare Road, Penzance, the average age was 45.1 and the most common age was 52.
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 Rear Of 7, Penare Road, 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 Rear Of 7, Penare Road, Penzance, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.