Flat 4, 11
Flat 4, 11
Description & Estimates
Flat 4, 11, Greenbank, Penzance is recorded publicly as a period leasehold apartment across 290 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 4, 11, Greenbank, Penzance is £108,960 and its rental estimate is £684 per month, given the available information and assuming reasonable condition.
11, Greenbank is a residential building on Greenbank, Penzance, TR18 and falls within the TR18 postal district.
Our Data Sources
Flat 4, 11, Greenbank, Penzance has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated May 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
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 4, 11, Greenbank, Penzance, we estimate a market value of £114,408 and a rental value of £718 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £101,333 and £636 per month respectively.
Recent Market Change
Over the last year, Flat 4, 11, Greenbank, Penzance has seen its estimated sale value decline by £1,851 (1.7%) and its estimated rental value climb by £34 per month (5.0%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
Flat 4, 11, Greenbank, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 May 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 4, 11, Greenbank, Penzance completed on 20th August 2021 at £95,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.7% over the period since August 2021.
- Sold Aug 2021£95,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 4, 11, Greenbank, Penzance have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th October 2021, was Flat 1, 11, Greenbank, Penzance, TR18 4ST, a leasehold flat which sold for £100,000.
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
Of the 16 addresses on Greenbank, Penzance, TR18, Flat 4, 11, Greenbank, Penzance comes out as the 13th largest and the 14th most expensive in our analysis of the public data.
It is also £184k less expensive than the average property across the TR18 district.
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Schools Nearby
- 300mAlverton Primary School
- 700mSt Mary's CofE Primary School, Penzance
- 700mPensans Community Primary School
- 1.0kmHumphry Davy School
- 1.4kmMounts Bay Academy
- 10.1kmCape Cornwall School
More reading links
Public Transport Nearby
From Flat 4, 11, Greenbank, Penzance, the nearest station is Penzance, 1.2 kilometres away.
- 1.2kmPenzance
- 9.5kmSt Erth
- 10.2kmLelant Saltings
Available Internet Speeds
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.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
