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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, Ridgevale Close, Penzance is a modern freehold house with 914 ft2 of internal area and sits on a 772 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Ridgevale Close, Penzance is £438,768 and the estimated rental value is £1,159 per month.
Ridgevale Close, Gulval, Penzance, TR18 is located within the TR18 postal district.
7, Ridgevale Close, Penzance has a single entry in the Land Registry from July 2015 and a single entry in the EPC database dated May 2014.
We combine this information with that 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 7, Ridgevale Close, Penzance is in very good condition we estimate a sale value of £460,707 and a rental value of £1,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £408,054 and a rental value of £1,078 per month.
Over the last 12 months the sale value of 7 Ridgevale Close Penzance has decreased by an estimated £9,012 (2.1%) and its rental value has increased by an estimated £53 per month (4.6%), giving an expected gross yield of 3.2%.
According to data from HM Land Registry, 7, Ridgevale Close, Penzance sits on a plot of 772m2.
We have plot size data on 16 out of 17 other houses in the postcode and 7, Ridgevale Close, Penzance sits on the 11th largest plot.
7, Ridgevale Close, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Ridgevale Close, Penzance was last sold on 24th July 2015 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2015, the market for similar properties has risen 46.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Ridgevale Close, Penzance within a radius of 990 metres over the last 2 years.
The most recent example is 11A, Trythogga Road, Penzance, TR18 3NA, a freehold house which sold for £300,000 on the 17th September 2021.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgevale Close, Gulval, Penzance, TR18 has a total of 17 addresses. According to our analysis of all the public data, 7, Ridgevale Close, Penzance is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £146k more expensive than the average property in TR18.
The closest station to 7, Ridgevale Close, Penzance is Penzance station which is 1.1 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, Ridgevale Close, Penzance, 55.7% of property is privately owned outright and 24.6% 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, Ridgevale Close, Penzance, 11.6% of residents are recorded as possessing school level qualifications and 33.8% 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, Ridgevale Close, 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 7, Ridgevale Close, 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, Ridgevale Close, Penzance, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
