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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Lanherne, Penzance is a period freehold house with 2,475 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Lanherne, Penzance is £510,950 and the estimated rental value is £1,918 per month.
Lescudjack Terrace, Penzance, TR18 is located within the TR18 postal district.
Lanherne, Penzance has a single entry in the Land Registry from May 2015 and a single entry in the EPC database dated December 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Lanherne, Penzance is in very good condition we estimate a sale value of £536,498 and a rental value of £2,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £475,184 and a rental value of £1,784 per month.
Over the past 12 months, the estimated sale value of Lanherne, Penzance has moved down by £21,529 (4.2%), while its estimated rental value has increased by £47 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Lanherne, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Dec 2014.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Lanherne, Penzance was last sold on 27th May 2015 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2015, the market for similar properties has risen by 73.4%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lanherne, Penzance within a radius of 520 metres over the last 2 years.
The most recent example is 13, Penare Road, Penzance, TR18 3AJ, a freehold house which sold for £510,000 on the 3rd February 2023.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lescudjack Terrace, Penzance, TR18 has a total of 20 addresses. According to our analysis of all the public data, Lanherne, Penzance is the 6th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £218k more expensive than the average property in TR18.
The closest station to Lanherne, Penzance is Penzance station, which is 300 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lanherne, Penzance, 46.9% of property is privately rented and 20.4% 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 Lanherne, Penzance, 20.5% of residents are recorded as possessing school level qualifications and 42.1% 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 Lanherne, Penzance, the average age was 45.1 and the most common age was 52.
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 Lanherne, 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 Lanherne, Penzance, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
