Driftways, Penzance
Driftways, Penzance
Description & Estimates
Driftways, Penzance is recorded publicly as a mid-century freehold house across 1,216 ft2 of internal area, sitting on a 945 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Driftways, Penzance is £976,570 and its rental estimate is £2,399 per month, given the available information and assuming reasonable condition.
Lower Drift, Buryas Bridge, Penzance, TR19 falls within the TR19 postal district.
Our Data Sources
Driftways, Penzance has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated March 2018.
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
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 Driftways, Penzance, we estimate a market value of £1,025,398 and a rental value of £2,519 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £908,210 and £2,231 per month respectively.
Recent Market Change
Over the last year, Driftways, Penzance has seen its estimated sale value drop by £12,309 (1.3%) and its estimated rental value rise by £115 per month (4.8%). This results in an estimated gross rental yield of 2.9%.
Plot Size
HM Land Registry records the plot of land for Driftways, Penzance as measuring 945 m2.
That makes it the largest plot in the postcode, where 6 of the 8 other houses have recorded plot data.
Energy Efficiency
Driftways, Penzance has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, warm air, electric.
Sold Prices
The most recent sale of Driftways, Penzance completed on 1st February 2019 at £750,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 20.1% over the period since February 2019.
- Sold Feb 2019£750,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 2.7 kilometres of Driftways, Penzance, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2021, was Buena Vista, Penzance, TR19 6AB, a freehold house which sold for £385,000.
Read more about house prices in TR19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 31 addresses on Lower Drift, Buryas Bridge, Penzance, TR19, Driftways, Penzance comes out as the 15th largest and the 2nd most expensive in our analysis of the public data.
It is also £617k more expensive than the average property across the TR19 district.
More reading links
Schools Nearby
- 2.5kmNewlyn School
- 2.9kmAlverton Primary School
- 3.0kmHeamoor Community Primary School
- 3.5kmMounts Bay Academy
- 4.0kmHumphry Davy School
- 7.8kmCape Cornwall School
More reading links
Public Transport Nearby
From Driftways, Penzance, the nearest station is Penzance, 4.2 kilometres away.
- 4.2kmPenzance
- 12.5kmSt Erth
- 13.3kmLelant Saltings
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
