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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, Lantern House, Marazion is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,188 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Lantern House, Marazion is £326,862 and the estimated rental value is £1,515 per month.
Beacon Road, Marazion, TR17 is located within the TR17 postal district.
Lantern House, Marazion has 21 entries in the Land Registry , most recently in July 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Lantern House, Marazion is in very good condition we estimate a sale value of £343,205 and a rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,981 and a rental value of £1,409 per month.
Over the last 12 months the sale value of Lantern House Marazion has decreased by an estimated £6,095 (1.9%) and its rental value has increased by an estimated £72 per month (4.7%), giving an expected gross yield of 5.6%.
According to HM Land Registry, Lantern House, Marazion was last sold on 30th July 2009 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2009, the market for similar properties has risen 84.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lantern House, Marazion within a radius of 2.5 kilometres over the last 2 years.
The most recent example is Kenak, North Street, Marazion, TR17 0EB, a freehold house which sold for £262,000 on the 11th March 2022.
Read more about house prices in TR17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beacon Road, Marazion, TR17 has a total of 15 addresses. According to our analysis of all the public data, Lantern House, Marazion is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in TR17.
The closest station to Lantern House, Marazion is Penzance station which is 4.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 Lantern House, Marazion, 63.6% of property is privately owned outright and 18.6% is privately owned with a mortgage.
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 Lantern House, Marazion, 12.6% of residents are recorded as possessing school level qualifications and 43.5% 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 Lantern House, Marazion, the average age was 46.3 and the most common age was 72.
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 Lantern House, Marazion, 0.7% 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 Lantern House, Marazion, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
