Spindlewood, Penzance
Spindlewood, Penzance
Description & Estimates
Spindlewood, Penzance is recorded publicly as a mid-century freehold house across 1,076 ft2 of internal area, sitting on a 366 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Spindlewood, Penzance is £460,484 and its rental estimate is £1,567 per month, given the available information and assuming reasonable condition.
Perran Downs, Goldsithney, Penzance, TR20 falls within the TR20 postal district.
Our Data Sources
Spindlewood, Penzance has 2 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated May 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Spindlewood, Penzance, we estimate a market value of £483,508 and a rental value of £1,645 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £428,250 and £1,457 per month respectively.
Recent Market Change
Over the last year, Spindlewood, Penzance has seen its estimated sale value drop by £8,587 (1.9%) and its estimated rental value rise by £74 per month (4.7%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for Spindlewood, Penzance as measuring 366 m2.
That makes it the 16th largest plot in the postcode, where 17 of the 26 other houses have recorded plot data.
Energy Efficiency
Spindlewood, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Spindlewood, Penzance completed on 28th March 2024 at £490,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 22.4% over the period since March 2024.
- Sold Mar 2024£490,000
- Sold Sep 2014£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Spindlewood, Penzance have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th January 2021, was Westfield, Johns Corner, Penzance, TR20 9PJ, a freehold house which sold for £425,000.
Read more about house prices in TR20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 62 addresses on Perran Downs, Goldsithney, Penzance, TR20, Spindlewood, Penzance comes out as the 41st largest and the 37th most expensive in our analysis of the public data.
It is also £59k more expensive than the average property across the TR20 district.
More reading links
Schools Nearby
- 800mSt Hilary School
- 2.8kmMarazion School
- 3.4kmGermoe Community Primary School
- 6.8kmHayle Academy
- 8.2kmHumphry Davy School
- 9.3kmMounts Bay Academy
More reading links
Public Transport Nearby
From Spindlewood, Penzance, the nearest station is St Erth, 5.3 kilometres away.
- 5.3kmSt Erth
- 6.2kmLelant Saltings
- 6.7kmLelant
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
