Flat 6, 5
Flat 6, 5
Description & Estimates
Flat 6, 5, Penare Road, Penzance is described in the public record as a period apartment with 290 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 6, 5, Penare Road, Penzance is £89,266 and its rental estimate is £593 per month, given the available information and assuming reasonable condition.
5, Penare Road is a residential building on Penare Road, Penzance, TR18 and falls within the TR18 postal district.
Our Data Sources
Flat 6, 5, Penare Road, Penzance has no records in the the Land Registry and a single entry in the EPC database dated June 2020.
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
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 6, 5, Penare Road, Penzance, we estimate a market value of £93,730 and a rental value of £623 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £83,018 and £552 per month respectively.
Recent Market Change
Over the last year, Flat 6, 5, Penare Road, Penzance has seen its estimated sale value move down by £1,516 (1.7%) and its estimated rental value increase by £30 per month (5.0%). This results in an estimated gross rental yield of 8.0%.
Energy Efficiency
Flat 6, 5, Penare Road, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 6, 5, Penare Road, Penzance have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th September 2024, was Flat 3, 25, Lannoweth Road, Penzance, TR18 3AB, a leasehold flat which sold for £105,000.
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 114 addresses on Penare Road, Penzance, TR18, Flat 6, 5, Penare Road, Penzance comes out as the 71st largest and the 92nd most expensive in our analysis of the public data.
It is also £204k less expensive than the average property across the TR18 district.
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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
From Flat 6, 5, Penare Road, Penzance, the nearest station is Penzance, 300 metres away.
- 300mPenzance
- 8.3kmSt Erth
- 9.1kmLelant Saltings
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
