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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, Old School, Penzance is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,305 ft2 of internal area and sits on a 941 m2 plot 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 Old School, Penzance is £349,773 and the estimated rental value is £1,616 per month.
Newbridge, Penzance, TR20 is located within the TR20 postal district.
Old School, Penzance has 21 entries in the Land Registry , most recently in March 2008 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.
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 Old School, Penzance is in very good condition we estimate a sale value of £367,261 and a rental value of £1,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,289 and a rental value of £1,503 per month.
Over the last 12 months the sale value of Old School Penzance has decreased by an estimated £17,994 (5.1%) and its rental value has increased by an estimated £45 per month (2.8%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, Old School, Penzance sits on a plot of 941m2.
We have plot size data on 2 out of 3 other houses in the postcode and Old School, Penzance sits on the 2nd largest plot.
According to HM Land Registry, Old School, Penzance was last sold on 19th March 2008 for £344,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2008, the market for similar properties has risen 44.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old School, Penzance within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 2 The Old Chapel, Penzance, TR20 8QH, a freehold house which sold for £310,000 on the 8th December 2020.
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 152 addresses. According to our analysis of all the public data, Old School, Penzance is the 50th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in TR20.
The closest station to Old School, Penzance is Penzance station which is 5.7 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 Old School, 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 Old School, 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 Old School, 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 Old School, 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 Old School, 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.
