Flat 3, 15
Flat 3, 15
Description & Estimates
The public record describes Flat 3, 15, Penare Road, Penzance as a period apartment with 997 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 3, 15, Penare Road, Penzance has an estimated sale value of £127,922 and an estimated rental value of £627 per month, assuming reasonable condition and based on the information available.
The apartment sits within 15, Penare Road, Penzance, TR18.
Penare Road, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
Flat 3, 15, Penare Road, Penzance has no records in the the Land Registry and a single entry in the EPC database dated September 2009.
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.
Price Range & Condition
In very good condition, we estimate Flat 3, 15, Penare Road, Penzance would be worth £134,318, with a potential rental value of £658 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £118,968, with a rental value of £583 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, 15, Penare Road, Penzance has declined by £1,929 (1.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £32 (5.0%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
Flat 3, 15, Penare Road, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Sep 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 420 metres of Flat 3, 15, Penare Road, Penzance across the last 2 years.
Most recently, Flat 1, 15, Penare Road, Penzance, TR18 3AJ, a leasehold flat, sold at £250,000 on the 12th June 2023.
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
Our analysis of the public data ranks Flat 3, 15, Penare Road, Penzance as the 48th largest and the 65th most expensive of the 114 addresses on Penare Road, Penzance, TR18.
Against the TR18 postcode district average, it is £165k less expensive than the typical property.
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Schools Nearby
- 300mSt Mary's Catholic School, Penzance
- 900mPensans Community Primary School
- 1.2kmGulval School
- 400mHumphry Davy School
- 1.6kmMounts Bay Academy
- 9.5kmSt Ives School
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Public Transport Nearby
Penzance station is the nearest stop to Flat 3, 15, Penare Road, Penzance at 300 metres away.
- 300mPenzance
- 8.3kmSt Erth
- 9.1kmLelant Saltings
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
