Cornerstone, Penzance
Cornerstone, Penzance
Description & Estimates
According to the public record, Cornerstone, Penzance is a modern freehold house with 2,411 ft2 of internal area and sits on a 2,922 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Cornerstone, Penzance is £575,184 and the estimated rental value is £1,939 per month.
Castle Horneck Road, Penzance, TR18 is located within the TR18 postal district.
Our Data Sources
Cornerstone, Penzance has a single entry in the Land Registry from May 2010 and a single entry in the EPC database dated June 2019.
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.
Price Range & Condition
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 Cornerstone, Penzance is in very good condition we estimate a sale value of £603,943 and a rental value of £2,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £534,921 and a rental value of £1,803 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Cornerstone, Penzance has moved down by £24,236 (4.2%), while its estimated rental value has increased by £47 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, Cornerstone, Penzance sits on a plot of 2,922 m2.
Energy Efficiency
Cornerstone, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, Cornerstone, Penzance was last sold on 10th May 2010 for £360,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2010, the market for similar properties has risen by 32.6%.
- Sold May 2010£360,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cornerstone, Penzance within a radius of 820 metres over the last 2 years.
The most recent example is Glen Afton, Alexandra Road, Penzance, TR18 4LZ, a freehold house which sold for £600,000 on the 3rd October 2024.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Castle Horneck Road, Penzance, TR18 has a total of 2 addresses. According to our analysis of all the public data, Cornerstone, Penzance is the largest and the most expensive property on the street.
When compared to the postcode district it is £282k more expensive than the average property in TR18.
More reading links
Schools Nearby
- 500mAlverton Primary School
- 700mPensans Community Primary School
- 900mHeamoor Community Primary School
- 1.1kmHumphry Davy School
- 1.2kmMounts Bay Academy
- 9.7kmCape Cornwall School
More reading links
Public Transport Nearby
The closest station to Cornerstone, Penzance is Penzance station, which is 1.5 kilometres away.
- 1.5kmPenzance
- 9.7kmSt Erth
- 10.4kmLelant Saltings
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be medium.
