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Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3A, 14, Regent Terrace, Penzance is £170,643 and its rental estimate is £526 per month, given the available information and assuming reasonable condition.
14, Regent Terrace is a residential building on Regent Terrace, Penzance, TR18 and falls within the TR18 postal district.
Flat 3A, 14, Regent Terrace, Penzance has no records in the the Land Registry and a single entry in the EPC database dated March 2020.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3A, 14, Regent Terrace, Penzance, we estimate a market value of £179,175 and a rental value of £553 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £158,698 and £490 per month respectively.
Over the last year, Flat 3A, 14, Regent Terrace, Penzance has seen its estimated sale value decline by £2,898 (1.7%) and its estimated rental value climb by £26 per month (5.0%). This results in an estimated gross rental yield of 3.7%.
Flat 3A, 14, Regent Terrace, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2020.
The property is not connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
Over the past 2 years 3 properties similar to Flat 3A, 14, Regent Terrace, Penzance have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th September 2024, was 12, Harbour Court, Penzance, TR18 2LS, a leasehold flat which sold for £133,000.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 46 addresses on Regent Terrace, Penzance, TR18, Flat 3A, 14, Regent Terrace, Penzance comes out as the 45th largest and the 42nd most expensive in our analysis of the public data.
It is also £122k less expensive than the average property across the TR18 district.
From Flat 3A, 14, Regent Terrace, Penzance, the nearest station is Penzance, 700 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3A, 14, Regent Terrace, Penzance, 40.2% of property is privately rented and 35.5% 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 3A, 14, Regent Terrace, Penzance, 7.0% of residents are recorded as possessing school level qualifications and 49.4% 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 3A, 14, Regent Terrace, 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 3A, 14, Regent Terrace, 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 3A, 14, Regent Terrace, Penzance, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.