Flat 2, 20
Flat 2, 20
Description & Estimates
According to the public record, Flat 2, 20, New Street, Penzance is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 20, New Street, Penzance is £181,064 and the estimated rental value is £848 per month.
The apartment is within 20, New Street, Penzance, TR18.
New Street, Penzance, TR18 is located within the TR18 postal district.
Our Data Sources
Flat 2, 20, New Street, Penzance has 31 entries in the Land Registry , most recently in May 2007 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, 20, New Street, Penzance is in very good condition we estimate a sale value of £190,117 and a rental value of £890 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,389 and a rental value of £788 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 20, New Street, Penzance has declined by £3,066 (1.7%), while its estimated rental value has climbed by £43 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Energy Efficiency
Flat 2, 20, New Street, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jun 2021.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, 20, New Street, Penzance was last sold on 11th May 2007 for £118,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2007, the market for similar properties has risen by 1.6%.
- Sold May 2007£118,000
- Sold Apr 2005£134,231
- Sold Mar 2003£112,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 20, New Street, Penzance within a radius of 430 metres over the last 2 years.
The most recent example is 5, Harbour Court, Penzance, TR18 2LS, a leasehold flat which sold for £200,000 on the 19th April 2024.
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
New Street, Penzance, TR18 has a total of 93 addresses. According to our analysis of all the public data, Flat 2, 20, New Street, Penzance is the 65th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in TR18.
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Schools Nearby
- 600mSt Mary's CofE Primary School, Penzance
- 900mSt Mary's Catholic School, Penzance
- 1.1kmAlverton Primary School
- 900mHumphry Davy School
- 2.0kmMounts Bay Academy
- 10.1kmSt Ives School
More reading links
Public Transport Nearby
The closest station to Flat 2, 20, New Street, Penzance is Penzance station, which is 500 metres away.
- 500mPenzance
- 8.7kmSt Erth
- 9.5kmLelant Saltings
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
