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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, 8, Penmere Road, Penzance is a early-century house with 947 ft2 of internal area.
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 Road, Penzance is £213,020 and the estimated rental value is £1,140 per month.
Penmere Road, Penzance, TR18 is located within the TR18 postal district.
8, Penmere Road, Penzance has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data 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 8, Penmere Road, Penzance is in very good condition we estimate a sale value of £223,671 and a rental value of £1,197 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,108 and a rental value of £1,060 per month.
Over the last 12 months the sale value of 8 Penmere Road Penzance has decreased by an estimated £9,284 (4.4%) and its rental value has increased by an estimated £42 per month (3.7%), giving an expected gross yield of 6.4%.
8, Penmere Road, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Penmere Road, Penzance within a radius of 540 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 Road, Penzance, TR18 has a total of 21 addresses. According to our analysis of all the public data, 8, Penmere Road, Penzance is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in TR18.
The closest station to 8, Penmere Road, Penzance is Penzance station which is 700 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 8, Penmere Road, 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 Road, 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 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 8, Penmere 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 8, Penmere Road, 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.
