Cornerstone Cottage, Penzance
Cornerstone Cottage, Penzance
Description & Estimates
Cornerstone Cottage, Penzance appears in the public record as a freehold house sitting on a 82.7 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,860 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Cornerstone Cottage, Penzance is £638,310 and its rental estimate is £1,704 per month, given the available information and assuming reasonable condition.
North Cliff, Mousehole, Penzance, TR19 falls within the TR19 postal district.
Our Data Sources
Cornerstone Cottage, Penzance has 31 entries in the Land Registry , most recently in April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Cornerstone Cottage, Penzance, we estimate a market value of £670,225 and a rental value of £1,789 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £593,628 and £1,584 per month respectively.
Recent Market Change
Over the last year, Cornerstone Cottage, Penzance has seen its estimated sale value decrease by £14,672 (2.3%) and its estimated rental value grow by £60 per month (3.5%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for Cornerstone Cottage, Penzance as measuring 83 m2.
Sold Prices
The most recent sale of Cornerstone Cottage, Penzance completed on 5th April 2018 at £500,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 0.7% over the period since April 2018.
- Sold Apr 2018£500,000
- Sold Mar 2001£147,000
- Sold Mar 1997£85,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Cornerstone Cottage, Penzance have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st August 2023, was Keigwin, Keigwin Place, Penzance, TR19 6RR, a freehold house which sold for £740,000.
Read more about house prices in TR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 11 addresses on North Cliff, Mousehole, Penzance, TR19, Cornerstone Cottage, Penzance comes out as the largest and the most expensive in our analysis of the public data.
It is also £279k more expensive than the average property across the TR19 district.
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Schools Nearby
- 200mMousehole School
- 2.9kmNewlyn School
- 3.4kmSt Mary's CofE Primary School, Penzance
- 4.6kmHumphry Davy School
- 5.1kmMounts Bay Academy
- 11.6kmCape Cornwall School
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Public Transport Nearby
From Cornerstone Cottage, Penzance, the nearest station is Penzance, 4.3 kilometres away.
- 4.3kmPenzance
- 11.8kmSt Erth
- 12.7kmLelant Saltings
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
