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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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77 The Chalets, Penzance is recorded publicly as a mid-century freehold house across 333 ft2 of internal area, sitting on a 33.8 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 77 The Chalets, Penzance is £84,484 and its rental estimate is £463 per month, given the available information and assuming reasonable condition.
Jelbert Way, Eastern Green, Penzance, TR18 falls within the TR18 postal district.
77 The Chalets, Penzance has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated February 2022.
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.
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 77 The Chalets, Penzance, we estimate a market value of £88,708 and a rental value of £486 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £78,570 and £430 per month respectively.
Over the last year, 77 The Chalets, Penzance has seen its estimated sale value move down by £1,223 (1.4%) and its estimated rental value increase by £25 per month (5.3%). This results in an estimated gross rental yield of 6.6%.
HM Land Registry records the plot of land for 77 The Chalets, Penzance as measuring 34 m2.
That makes it the largest plot in the postcode, where all 27 other houses have recorded plot data.
77 The Chalets, Penzance has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 03 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
The most recent sale of 77 The Chalets, Penzance completed on 5th September 2023 at £70,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 15.6% over the period since September 2023.
Over the past 2 years 3 properties similar to 77 The Chalets, Penzance have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 53 The Chalets, Jelbert Way, Penzance, TR18 3DP, a freehold house which sold for £73,000.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 80 addresses on Jelbert Way, Eastern Green, Penzance, TR18, 77 The Chalets, Penzance comes out as the 48th largest and the 18th most expensive in our analysis of the public data.
It is also £209k less expensive than the average property across the TR18 district.
From 77 The Chalets, Penzance, the nearest station is Penzance, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated high, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 77 The Chalets, Penzance, 38.5% of property is privately rented and 29.7% 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 77 The Chalets, Penzance, 9.3% of residents are recorded as possessing school level qualifications and 19.8% 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 77 The Chalets, 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 77 The Chalets, 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 77 The Chalets, Penzance, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.
