Flat 1 House, Penzance
Flat 1 House, Penzance
Description & Estimates
According to the public record, Flat 1 House, Penzance is a period apartment with 2,249 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1 House, Penzance is £503,693 and the estimated rental value is £1,444 per month.
The apartment is within Redinnick House, Redinnick, Penzance, TR18.
Redinnick, Penzance, TR18 is located within the TR18 postal district.
Our Data Sources
Flat 1 House, Penzance has no records in the the Land Registry and a single entry in the EPC database dated September 2012.
We combine this information with public data 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 Flat 1 House, Penzance is in very good condition we estimate a sale value of £528,878 and a rental value of £1,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £468,435 and a rental value of £1,343 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1 House, Penzance has declined by £2,654 (0.5%), while its estimated rental value has climbed by £90 per month (6.2%). Based on current estimates, the property offers a gross rental yield of 3.4%.
Energy Efficiency
Flat 1 House, Penzance has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Sep 2012.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to Flat 1 House, Penzance within a radius of 500 metres over the last 2 years.
The most recent example is Apartment 3, Exchange Building 43-44, New Street, Penzance, TR18 2LZ, a leasehold flat which sold for £430,000 on the 16th November 2009.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Redinnick, Penzance, TR18 has a total of 5 addresses. According to our analysis of all the public data, Flat 1 House, Penzance is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £211k more expensive than the average property in TR18.
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Schools Nearby
- 200mSt Mary's CofE Primary School, Penzance
- 600mAlverton Primary School
- 1.0kmNewlyn School
- 1.0kmHumphry Davy School
- 1.8kmMounts Bay Academy
- 10.5kmSt Ives School
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Public Transport Nearby
The closest station to Flat 1 House, Penzance is Penzance station, which is 900 metres away.
- 900mPenzance
- 9.2kmSt Erth
- 10.0kmLelant Saltings
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
