Midway, Penzance
Midway, Penzance
Description & Estimates
The public record lists Midway, Penzance as a freehold house sitting on a 1,375 m2 plot.
Comparison with its neighbours suggests a period house with 1,840 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
Midway, Penzance has an estimated sale value of £537,773 and an estimated rental value of £1,648 per month, assuming reasonable condition and based on the information available.
Alexandra Road, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
Midway, Penzance has 21 entries in the Land Registry , most recently in November 2007 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Midway, Penzance would be worth £564,662, with a potential rental value of £1,730 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £500,129, with a rental value of £1,532 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 Midway, Penzance has moved down by £22,659 (4.2%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (2.4%). The property's estimated gross yield is currently 3.7%.
Plot Size
Midway, Penzance occupies a 1,375 m2 plot as recorded by HM Land Registry.
Of the 37 other houses in this postcode, 25 have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
Midway, Penzance last changed hands on 1st November 2007, selling for £450,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 23.4% since November 2007.
- Sold Nov 2007£450,000
- Sold Aug 2006£395,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of Midway, Penzance across the last 2 years.
Most recently, 1, Greenbank, Penzance, TR18 4ST, a freehold house, sold at £512,500 on the 16th February 2024.
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
Our analysis of the public data ranks Midway, Penzance as the 10th largest and the 9th most expensive of the 153 addresses on Alexandra Road, Penzance, TR18.
Against the TR18 postcode district average, it is £245k more expensive than the typical property.
More reading links
Schools Nearby
- 300mAlverton Primary School
- 500mSt Mary's CofE Primary School, Penzance
- 800mNewlyn School
- 1.1kmHumphry Davy School
- 1.6kmMounts Bay Academy
- 10.2kmCape Cornwall School
More reading links
Public Transport Nearby
Penzance station is the nearest stop to Midway, Penzance at 1.1 kilometres away.
- 1.1kmPenzance
- 9.4kmSt 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.
