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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, 1, Clarence Place, Penzance is a period leasehold apartment with 1,582 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 1, Clarence Place, Penzance is £355,645 and the estimated rental value is £1,281 per month.
The apartment is within 1, Clarence Place, Penzance, TR18.
Clarence Place, Penzance, TR18 is located within the TR18 postal district.
Flat 2, 1, Clarence Place, Penzance has 2 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated January 2014.
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.
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 2, 1, Clarence Place, Penzance is in very good condition we estimate a sale value of £373,427 and a rental value of £1,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,749 and a rental value of £1,191 per month.
Over the last 12 months the sale value of Flat 2 1 Clarence Place Penzance has decreased by an estimated £4,288 (1.2%) and its rental value has increased by an estimated £71 per month (5.5%), giving an expected gross yield of 4.3%.
Flat 2, 1, Clarence Place, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jan 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 1, Clarence Place, Penzance was last sold on 6th April 2021 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has risen 48.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 1, Clarence Place, Penzance within a radius of 360 metres over the last 2 years.
The most recent example is Flat 1, 1, Clarence Place, Penzance, TR18 2QA, a leasehold flat which sold for £450,000 on the 7th November 2022.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarence Place, Penzance, TR18 has a total of 18 addresses. According to our analysis of all the public data, Flat 2, 1, Clarence Place, Penzance is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £63k more expensive than the average property in TR18.
The closest station to Flat 2, 1, Clarence Place, Penzance is Penzance station which is 600 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 1, Clarence Place, Penzance, 44.9% of property is socially rented and 30.5% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 1, Clarence Place, Penzance, 11.9% of residents are recorded as possessing school level qualifications and 27.7% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 1, Clarence Place, Penzance, the average age was 46.3 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 1, Clarence Place, Penzance, 2.4% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 1, Clarence Place, Penzance, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
