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Bricks&Logic is a trading name of Urban Markets Ltd
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, 4, Penare Road, Penzance is a period apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 4, Penare Road, Penzance is £72,268 and the estimated rental value is £480 per month.
The apartment is within 4, Penare Road, Penzance, TR18.
Penare Road, Penzance, TR18 is located within the TR18 postal district.
Flat 2, 4, Penare Road, Penzance has no records in the the Land Registry and a single entry in the EPC database dated August 2016.
We combine this information with public data 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.
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, 4, Penare Road, Penzance is in very good condition we estimate a sale value of £75,882 and a rental value of £504 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £67,209 and a rental value of £447 per month.
Over the last 12 months the sale value of Flat 2 4 Penare Road Penzance has decreased by an estimated £1,228 (1.7%) and its rental value has increased by an estimated £24 per month (5.0%), giving an expected gross yield of 8%.
Flat 2, 4, Penare Road, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Aug 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 440 metres radius of Flat 2, 4, Penare Road, Penzance over the last 2 years.
The most recent example is Flat 4, 4, Penare Road, Penzance, TR18 3AJ, a leasehold flat which sold for £100,000 on the 30th April 2024.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penare Road, Penzance, TR18 has a total of 114 addresses. According to our analysis of all the public data, Flat 2, 4, Penare Road, Penzance is the 75th largest and the 104th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in TR18.
The closest station to Flat 2, 4, Penare Road, Penzance is Penzance station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, 4, Penare Road, Penzance, 46.9% of property is privately rented and 20.4% 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, 4, Penare Road, Penzance, 20.5% of residents are recorded as possessing school level qualifications and 42.1% 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, 4, Penare Road, Penzance, the average age was 45.1 and the most common age was 52.
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, 4, Penare Road, Penzance, 0.0% 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, 4, Penare Road, Penzance, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
