Red Lodge, Penzance
Red Lodge, Penzance
Description & Estimates
Red Lodge, Penzance is described in the public record as a period house with 678 ft2 of internal area, sitting on a 39,912 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Red Lodge, Penzance is £345,090 and its rental estimate is £1,214 per month, given the available information and assuming reasonable condition.
Tremethick Cross, Penzance, TR20 falls within the TR20 postal district.
Our Data Sources
Red Lodge, Penzance has no records in the the Land Registry and a single entry in the EPC database dated August 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Red Lodge, Penzance, we estimate a market value of £362,345 and a rental value of £1,274 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £320,934 and £1,129 per month respectively.
Recent Market Change
Over the last year, Red Lodge, Penzance has seen its estimated sale value move down by £4,407 (1.3%) and its estimated rental value increase by £66 per month (5.4%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for Red Lodge, Penzance as measuring 39,912 m2.
That makes it the 2nd largest plot in the postcode, where 7 of the 11 other houses have recorded plot data.
Energy Efficiency
Red Lodge, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2018.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Red Lodge, Penzance have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th August 2024, was Briar Cottage, Penzance, TR20 8TW, a freehold house which sold for £537,500.
Read more about house prices in TR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 47 addresses on Tremethick Cross, Penzance, TR20, Red Lodge, Penzance comes out as the 37th largest and the 35th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the TR20 district.
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Schools Nearby
- 2.6kmHeamoor Community Primary School
- 3.1kmNewlyn School
- 3.1kmAlverton Primary School
- 2.9kmMounts Bay Academy
- 3.8kmHumphry Davy School
- 6.9kmCape Cornwall School
More reading links
Public Transport Nearby
From Red Lodge, Penzance, the nearest station is Penzance, 4.3 kilometres away.
- 4.3kmPenzance
- 12.1kmSt Erth
- 12.8kmCarbis Bay
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
