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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
According to the public record, 8, Penmere Place, Penzance is a early-century freehold house with 1,065 ft2 of internal area and sits on a 224 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 8, Penmere Place, Penzance is £237,846 and the estimated rental value is £1,197 per month.
Penmere Place, Penzance, TR18 is located within the TR18 postal district.
8, Penmere Place, Penzance has a single entry in the Land Registry from December 2014 and a single entry in the EPC database dated December 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 8, Penmere Place, Penzance is in very good condition we estimate a sale value of £249,738 and a rental value of £1,257 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,197 and a rental value of £1,114 per month.
Over the last 12 months the sale value of 8 Penmere Place Penzance has decreased by an estimated £4,885 (2.1%) and its rental value has increased by an estimated £55 per month (4.6%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 8, Penmere Place, Penzance sits on a plot of 224m2.
We have plot size data on 2 out of 8 other houses in the postcode and 8, Penmere Place, Penzance sits on the largest plot.
8, Penmere Place, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Dec 2014.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Penmere Place, Penzance was last sold on 12th December 2014 for £118,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2014, the market for similar properties has risen 100.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Penmere Place, Penzance within a radius of 590 metres over the last 2 years.
The most recent example is 28, Lower Peverell Road, Penzance, TR18 3PX, a freehold house which sold for £234,500 on the 15th November 2024.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penmere Place, Penzance, TR18 has a total of 8 addresses. According to our analysis of all the public data, 8, Penmere Place, Penzance is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in TR18.
The closest station to 8, Penmere Place, Penzance is Penzance station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Penmere Place, Penzance, 50.4% of property is socially rented and 21.0% 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 8, Penmere Place, Penzance, 29.2% of residents are recorded as possessing school level qualifications and 23.7% 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 8, Penmere Place, 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 8, Penmere Place, 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 8, Penmere Place, Penzance, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
