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According to the public record, Nevada House, Penzance is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,733 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Nevada House, Penzance is £638,082 and the estimated rental value is £1,678 per month.
Newbridge, Penzance, TR20 is located within the TR20 postal district.
Nevada House, Penzance has 31 entries in the Land Registry , most recently in March 2021 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 1 out of 5 and is considered of low 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 Nevada House, Penzance is in very good condition we estimate a sale value of £669,986 and a rental value of £1,762 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £593,417 and a rental value of £1,560 per month.
Over the past 12 months, the estimated sale value of Nevada House, Penzance has moved down by £17,412 (2.7%), while its estimated rental value has increased by £66 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 3.2%.
According to HM Land Registry, Nevada House, Penzance was last sold on 31st March 2021 for £525,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2021, the market for similar properties has risen by 1.3%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Nevada House, Penzance within a radius of 3.8 kilometres over the last 2 years.
The most recent example is Trannack Farm, Trannack, Penzance, TR20 8PN, a freehold house which sold for £516,650 on the 16th September 2022.
Read more about house prices in TR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newbridge, Penzance, TR20 has a total of 198 addresses. According to our analysis of all the public data, Nevada House, Penzance is the 45th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £237k more expensive than the average property in TR20.
The closest station to Nevada House, Penzance is Penzance station, which is 7.1 kilometres away.
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 Nevada House, Penzance, 53.6% of property is privately owned outright and 23.6% 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 Nevada House, Penzance, 13.0% of residents are recorded as possessing school level qualifications and 35.8% 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 Nevada House, Penzance, the average age was 48.6 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 Nevada House, 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 Nevada House, Penzance, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
