Flat 1, 12
Flat 1, 12
Description & Estimates
Flat 1, 12, Pendarves Road, Penzance is recorded publicly as a period leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 1, 12, Pendarves Road, Penzance is £104,868 and its rental estimate is £686 per month, given the available information and assuming reasonable condition.
12, Pendarves Road is a residential building on Pendarves Road, Penzance, TR18 and falls within the TR18 postal district.
Our Data Sources
Flat 1, 12, Pendarves Road, Penzance has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Flat 1, 12, Pendarves Road, Penzance, we estimate a market value of £110,112 and a rental value of £720 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £97,528 and £638 per month respectively.
Recent Market Change
Over the last year, Flat 1, 12, Pendarves Road, Penzance has seen its estimated sale value decrease by £1,032 (1.0%) and its estimated rental value grow by £40 per month (5.8%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
Flat 1, 12, Pendarves Road, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, 12, Pendarves Road, Penzance completed on 31st May 2024 at £100,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.8% over the period since May 2024.
- Sold May 2024£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 12, Pendarves Road, Penzance have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th August 2022, was Flat 2, 4, Pendarves Road, Penzance, TR18 2AJ, a leasehold flat which sold for £103,000.
Read more about house prices in TR18.
- Sold Aug 2022£103,000 | 1 Bed FlatFlat 2, 4, Pendarves Road, Penzance, TR18 2AJFlat 2, 4, Pendarves Road, Penzance, TR18 2AJ
- Sold Apr 2022£105,000 | 1 Bed FlatFlat 4, 4, Pendarves Road, Penzance, TR18 2AJFlat 4, 4, Pendarves Road, Penzance, TR18 2AJ
- Sold Mar 2021£83,000 | 1 Bed FlatFlat 3, 4, Pendarves Road, Penzance, TR18 2AJFlat 3, 4, Pendarves Road, Penzance, TR18 2AJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 51 addresses on Pendarves Road, Penzance, TR18, Flat 1, 12, Pendarves Road, Penzance comes out as the 39th largest and the 42nd most expensive in our analysis of the public data.
It is also £188k less expensive than the average property across the TR18 district.
More reading links
Schools Nearby
- 500mSt Mary's Catholic School, Penzance
- 500mPensans Community Primary School
- 1.0kmSt Mary's CofE Primary School, Penzance
- 200mHumphry Davy School
- 1.3kmMounts Bay Academy
- 9.8kmSt Ives School
More reading links
Public Transport Nearby
From Flat 1, 12, Pendarves Road, Penzance, the nearest station is Penzance, 600 metres away.
- 600mPenzance
- 8.7kmSt Erth
- 9.5kmLelant Saltings
Available Internet Speeds
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.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
