Flat 5, 11
Flat 5, 11
Description & Estimates
The public record describes Flat 5, 11, Greenbank, Penzance as a period apartment with 419 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 5, 11, Greenbank, Penzance has an estimated sale value of £130,374 and an estimated rental value of £806 per month, assuming reasonable condition and based on the information available.
The apartment sits within 11, Greenbank, Penzance, TR18.
Greenbank, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
Flat 5, 11, Greenbank, Penzance has no records in the the Land Registry and a single entry in the EPC database dated August 2022.
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 5, 11, Greenbank, Penzance would be worth £136,893, with a potential rental value of £846 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £121,248, with a rental value of £749 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 5, 11, Greenbank, Penzance has dropped by £2,214 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £40 (5.0%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
Flat 5, 11, Greenbank, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2022.
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 3 sales of comparable properties within 630 metres of Flat 5, 11, Greenbank, Penzance across the last 2 years.
Most recently, Flat 6, 11, Greenbank, Penzance, TR18 4ST, a leasehold flat, sold at £96,000 on the 26th November 2021.
Read more about house prices in TR18.
- Sold Nov 2021£96,000 | 1 Bed Flat11, GreenbankFlat 6, 11, Greenbank, Penzance, TR18 4ST
- Sold Sep 2017£122,500 | 1 Bed FlatAlverton Manor, Alverton RoadApartment 3, Alverton Manor, Alverton Road, Penzance, TR18 4TR
- Sold Nov 2011£107,000 | 1 Bed FlatOakburn Villa, Trewithen RoadFlat 3, Oakburn Villa, Trewithen Road, Penzance, TR18 4LS
•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 5, 11, Greenbank, Penzance as the 11th largest and the 12th most expensive of the 16 addresses on Greenbank, Penzance, TR18.
Against the TR18 postcode district average, it is £163k less expensive than the typical property.
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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
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Public Transport Nearby
Penzance station is the nearest stop to Flat 5, 11, Greenbank, Penzance at 1.2 kilometres away.
- 1.2kmPenzance
- 9.5kmSt Erth
- 10.2kmLelant Saltings
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
