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Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 9, Greenbank, Penzance is £473,896 and its rental estimate is £1,465 per month, given the available information and assuming reasonable condition.
Greenbank, Penzance, TR18 falls within the TR18 postal district.
9, Greenbank, Penzance has 41 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated August 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 9, Greenbank, Penzance, we estimate a market value of £497,591 and a rental value of £1,539 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £440,723 and £1,363 per month respectively.
Over the last year, 9, Greenbank, Penzance has seen its estimated sale value drop by £14,503 (3.1%) and its estimated rental value rise by £55 per month (3.7%). This results in an estimated gross rental yield of 3.7%.
HM Land Registry records the plot of land for 9, Greenbank, Penzance as measuring 162 m2.
That makes it the 8th largest plot in the postcode, where 6 of the 9 other houses have recorded plot data.
9, Greenbank, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2024.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 9, Greenbank, Penzance completed on 5th September 2017 at £295,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 11.5% over the period since September 2017.
Over the past 2 years 3 properties similar to 9, Greenbank, Penzance have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th February 2024, was 1, Greenbank, Penzance, TR18 4ST, a freehold house which sold for £512,500.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Greenbank, Penzance, TR18, 9, Greenbank, Penzance comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £181k more expensive than the average property across the TR18 district.
From 9, Greenbank, Penzance, the nearest station is Penzance, 1.2 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 9, Greenbank, Penzance, 45.6% of property is privately owned outright and 30.2% 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 9, Greenbank, Penzance, 17.0% of residents are recorded as possessing school level qualifications and 43.0% 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 9, Greenbank, 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 9, Greenbank, 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 9, Greenbank, 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.