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According to the public record, 8, Wesley Square, Penzance is a period freehold house with 581 ft2 of internal area.
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 8, Wesley Square, Penzance is £368,194 and the estimated rental value is £1,021 per month.
Wesley Square, Mousehole, Penzance, TR19 is located within the TR19 postal district.
8, Wesley Square, Penzance has a single entry in the Land Registry from July 2018 and a single entry in the EPC database dated January 2018.
We combine this information with that 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, Wesley Square, Penzance is in very good condition we estimate a sale value of £386,603 and a rental value of £1,072 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £342,420 and a rental value of £949 per month.
Over the last 12 months the sale value of 8 Wesley Square Penzance has decreased by an estimated £2,299 (0.6%) and its rental value has increased by an estimated £54 per month (5.3%), giving an expected gross yield of 3.3%.
8, Wesley Square, Penzance has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Jan 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 8, Wesley Square, Penzance was last sold on 6th July 2018 for £256,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2018, the market for similar properties has dropped 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Wesley Square, Penzance within a radius of 2.5 kilometres over the last 2 years.
The most recent example is 8, Keigwin Place, Penzance, TR19 6RR, a freehold house which sold for £375,000 on the 15th March 2024.
Read more about house prices in TR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wesley Square, Mousehole, Penzance, TR19 has a total of 14 addresses. According to our analysis of all the public data, 8, Wesley Square, Penzance is the 14th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £9k more expensive than the average property in TR19.
The closest station to 8, Wesley Square, Penzance is Penzance station which is 4.4 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 8, Wesley Square, Penzance, 54.4% of property is privately owned outright and 22.3% is privately rented.
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, Wesley Square, Penzance, 12.2% of residents are recorded as possessing school level qualifications and 44.9% 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, Wesley Square, Penzance, the average age was 49.5 and the most common age was 72.
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, Wesley Square, Penzance, 5.4% 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, Wesley Square, Penzance, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.