According to the public record, 15, Jamaica Place, Penzance is a period freehold house and with 344 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Jamaica Place, Heamoor, Penzance, TR18 is located within the TR18 postal district.
15, Jamaica Place, Penzance has 2 entries in the Land Registry database, most recently in October 2019 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 15 Jamaica Place Penzance as £133,902 and the rental value as £629 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 15 Jamaica Place Penzance has increased by £1,050 (0.8%) and its rental value has increased by £23 per month (3.7%).
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 15, Jamaica Place, Penzance is in very good condition we estimate a sale value of £140,597 and rental value of £660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,529 and a rental value of £585 per month.
If you were able to purchase this property for the estimated value of £133,902, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £658 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 HM Land Registry, 15, Jamaica Place, Penzance was last sold on 31 Oct 2019 for £145,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2019, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 15, Jamaica Place, Penzance within a radius of 38m over the last 2 years.
The most recent example is 6, Jamaica Place, Penzance, TR18 3HG, a Freehold house which sold for £140,000 in Mar 2021.
Read more about house prices in TR18.
Jamaica Place, Heamoor, Penzance, TR18 has a total of 16 addresses. According to our analysis of all the public data, 15, Jamaica Place, Penzance is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in TR18.
15, Jamaica Place, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Dec 2018.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 15, Jamaica Place, Penzance is Penzance station which is 1.5 km 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 15, Jamaica Place, Penzance, 40.2% of property is privately owned outright and 31.2% is privately rented.
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 15, Jamaica Place, Penzance, 14.3% of residents are recorded as possessing school level qualifications and 29.0% 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 15, Jamaica Place, 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 15, Jamaica Place, 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 15, Jamaica Place, Penzance, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.