The Old Workshop, Penzance
The Old Workshop, Penzance
Description & Estimates
According to the public record, The Old Workshop, Penzance is a modern house with 839 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for The Old Workshop, Penzance is £243,771 and the estimated rental value is £1,182 per month.
Trevarrack Noweth, Gulval, Penzance, TR18 is located within the TR18 postal district.
Our Data Sources
The Old Workshop, Penzance has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2022.
We combine this information with public data 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
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 The Old Workshop, Penzance is in very good condition we estimate a sale value of £255,959 and a rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,707 and a rental value of £1,099 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of The Old Workshop, Penzance has fallen by £5,007 (2.1%), while its estimated rental value has moved up by £54 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
The Old Workshop, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, The Old Workshop, Penzance was last sold on 26th October 1998 for £55,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
- Sold Oct 1998£55,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Old Workshop, Penzance within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 11, Chycornick Terrace, Penzance, TR18 3BU, a freehold house which sold for £250,000 on the 6th September 2024.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Trevarrack Noweth, Gulval, Penzance, TR18 has a total of 18 addresses. According to our analysis of all the public data, The Old Workshop, Penzance is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in TR18.
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Schools Nearby
- 200mGulval School
- 900mSt Mary's Catholic School, Penzance
- 1.7kmPensans Community Primary School
- 1.2kmHumphry Davy School
- 2.1kmMounts Bay Academy
- 8.6kmSt Ives School
More reading links
Public Transport Nearby
The closest station to The Old Workshop, Penzance is Penzance station, which is 1.1 kilometres away.
- 1.1kmPenzance
- 7.4kmSt Erth
- 8.2kmLelant Saltings
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
