According to the public record, 12, Penare Terrace, Penzance is a period freehold house and with 1,431 ft2 of internal area and sits on a 95 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Penare Terrace, Penzance, TR18 is located within the TR18 postal district.
12, Penare Terrace, Penzance has 21 entries in the Land Registry database, most recently in May 2022 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Penare Terrace Penzance as £252,041 and the rental value as £1,007 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 12 Penare Terrace Penzance has decreased by £3,208 (1.3%) and its rental value has increased by £16 per month (1.6%).
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 12, Penare Terrace, Penzance is in very good condition we estimate a sale value of £264,643 and rental value of £1,057 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,398 and a rental value of £936 per month.
If you were able to purchase this property for the estimated value of £252,041, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,239 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 12, Penare Terrace, Penzance sits on a plot of 95m2.
We have plot size data on 4 out of 6 other houses in the postcode and 12, Penare Terrace, Penzance sits on the 2nd largest plot.
According to HM Land Registry, 12, Penare Terrace, Penzance was last sold on 17 May 2022 for £261,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 12, Penare Terrace, Penzance within a radius of 377m over the last 2 years.
The most recent example is 15, Coombe Road, Penzance, TR18 3NP, a Freehold house which sold for £167,000 in Mar 2018.
Read more about house prices in TR18.
Penare Terrace, Penzance, TR18 has a total of 27 addresses. According to our analysis of all the public data, 12, Penare Terrace, Penzance is the 9th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in TR18.
12, Penare Terrace, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Nov 2021.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 12, Penare Terrace, Penzance is Penzance station which is 400 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Penare Terrace, Penzance, 46.9% of property is privately rented and 20.4% is privately owned outright.
The graph below shows how this compares to Greater London 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 12, Penare Terrace, Penzance, 20.5% of residents are recorded as possessing school level qualifications and 42.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Penare Terrace, Penzance, the average age was 45.1 and the most common age was 52.
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 12, Penare Terrace, 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 12, Penare Terrace, Penzance, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.