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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Tremel, Marazion is £407,367 and its rental estimate is £1,564 per month, given the available information and assuming reasonable condition.
Fore Street, Marazion, TR17 falls within the TR17 postal district.
Tremel, Marazion has no records in the the Land Registry and a single entry in the EPC database dated January 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.
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 Tremel, Marazion, we estimate a market value of £427,735 and a rental value of £1,642 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £378,851 and £1,454 per month respectively.
Over the last year, Tremel, Marazion has seen its estimated sale value decline by £7,597 (1.9%) and its estimated rental value climb by £74 per month (4.7%). This results in an estimated gross rental yield of 4.6%.
Tremel, Marazion has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 10 Jan 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to Tremel, Marazion have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2023, was Lowarth Mor, Higher Fore Street, Marazion, TR17 0BQ, a freehold house which sold for £390,000.
Read more about house prices in TR17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 62 addresses on Fore Street, Marazion, TR17, Tremel, Marazion comes out as the 19th largest and the 17th most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the TR17 district.
From Tremel, Marazion, the nearest station is Penzance, 4.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Tremel, Marazion, 59.6% of property is privately owned outright and 23.2% 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 Tremel, Marazion, 7.3% of residents are recorded as possessing school level qualifications and 32.9% 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 Tremel, Marazion, the average age was 46.3 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 Tremel, Marazion, 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 Tremel, Marazion, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.