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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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Songlines, Penzance is recorded publicly as a period freehold house across 1,270 ft2 of internal area, sitting on a 72.8 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Songlines, Penzance is £230,265 and its rental estimate is £1,121 per month, given the available information and assuming reasonable condition.
Morrab Road, Penzance, TR18 falls within the TR18 postal district.
Songlines, Penzance has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 Songlines, Penzance, we estimate a market value of £241,778 and a rental value of £1,177 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £214,146 and £1,043 per month respectively.
Over the last year, Songlines, Penzance has seen its estimated sale value decline by £7,047 (3.1%) and its estimated rental value climb by £42 per month (3.7%). This results in an estimated gross rental yield of 5.8%.
HM Land Registry records the plot of land for Songlines, Penzance as measuring 73 m2.
That makes it the largest plot in the postcode, where all 4 other houses have recorded plot data.
Songlines, Penzance has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 12 Aug 2014.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Songlines, Penzance completed on 14th November 2016 at £160,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 31.0% over the period since November 2016.
Over the past 2 years 3 properties similar to Songlines, Penzance have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2020, was 45, Daniel Place, Penzance, TR18 4DU, a freehold house which sold for £115,000.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 112 addresses on Morrab Road, Penzance, TR18, Songlines, Penzance comes out as the 37th largest and the 38th most expensive in our analysis of the public data.
It is also £63k less expensive than the average property across the TR18 district.
From Songlines, Penzance, the nearest station is Penzance, 900 metres away.
The flood risk here is rated medium, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Songlines, Penzance, 41.5% of property is privately rented and 35.8% is privately owned outright.
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 Songlines, Penzance, 9.8% of residents are recorded as possessing school level qualifications and 37.8% 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 Songlines, Penzance, the average age was 46.3 and the most common age was 57.
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 Songlines, 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 Songlines, Penzance, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
