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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, Albert Cottage, Penzance is a period freehold house with 570 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 Albert Cottage, Penzance is £257,363 and the estimated rental value is £1,022 per month.
Albert Terrace, Penzance, TR18 is located within the TR18 postal district.
Albert Cottage, Penzance has 31 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated September 2022.
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 Albert Cottage, Penzance is in very good condition we estimate a sale value of £270,231 and a rental value of £1,073 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,348 and a rental value of £950 per month.
Over the last 12 months the sale value of Albert Cottage Penzance has decreased by an estimated £3,727 (1.4%) and its rental value has increased by an estimated £54 per month (5.3%), giving an expected gross yield of 4.8%.
Albert Cottage, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Sep 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Albert Cottage, Penzance was last sold on 15th June 2023 for £260,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2023, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Albert Cottage, Penzance within a radius of 330 metres over the last 2 years.
The most recent example is 17, Leskinnick Terrace, Penzance, TR18 2HB, a freehold house which sold for £180,000 on the 19th August 2022.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Terrace, Penzance, TR18 has a total of 11 addresses. According to our analysis of all the public data, Albert Cottage, Penzance is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in TR18.
The closest station to Albert Cottage, Penzance is Penzance station which is 300 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 Albert Cottage, Penzance, 39.4% of property is socially rented and 24.1% 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 Albert Cottage, Penzance, 13.6% of residents are recorded as possessing school level qualifications and 35.0% 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 Albert Cottage, Penzance, the average age was 46.3 and the most common age was 57.
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 Albert Cottage, Penzance, 0.5% 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 Albert Cottage, Penzance, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
