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Public records show Flat 4, The Warehouse, Penryn to be a modern Leasehold apartment with 1,065 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 4, The Warehouse, Penryn has an estimated sale value of £316,642 and an estimated rental value of £1,066 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Warehouse, Commercial Road, Penryn, TR10.
Commercial Road, Penryn, TR10 lies within the TR10 postal district.
Flat 4, The Warehouse, Penryn has a single entry in the Land Registry from August 2008 and a single entry in the EPC database dated January 2023.
We combine this information with that 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.
In very good condition, we estimate Flat 4, The Warehouse, Penryn would be worth £332,474, with a potential rental value of £1,119 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £294,477, with a rental value of £992 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 4, The Warehouse, Penryn has decreased by £279 (0.1%) over the last year. During the same period, its estimated monthly rental value has grown by £60 (5.6%). The property's estimated gross yield is currently 4.0%.
Flat 4, The Warehouse, Penryn has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 4, The Warehouse, Penryn last changed hands on 12th August 2008, selling for £250,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 21.6% since August 2008.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of Flat 4, The Warehouse, Penryn across the last 2 years.
Most recently, Apartment 6, Daniels Sail Loft, Harbour Village, Penryn, TR10 8GE, a leasehold flat, sold at £340,000 on the 12th September 2022.
Read more about house prices in TR10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 4, The Warehouse, Penryn as the 5th largest and the 5th most expensive of the 47 addresses on Commercial Road, Penryn, TR10.
Against the TR10 postcode district average, it is £16k more expensive than the typical property.
Penryn (Cornwall) station is the nearest stop to Flat 4, The Warehouse, Penryn at 900 metres away.
Environment Agency data suggests this area has a high risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, The Warehouse, Penryn, 48.8% of property is privately rented and 28.0% 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 4, The Warehouse, Penryn, 33.3% of residents are recorded as possessing school level qualifications and 44.8% 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 4, The Warehouse, Penryn, the average age was 37.4 and the most common age was 22.
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 4, The Warehouse, Penryn, 0.3% 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 4, The Warehouse, Penryn, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.