According to the public record, 2, Gulval Cross, Penzance is a period freehold house and with 731 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Gulval Cross, Gulval, Penzance, TR18 is located within the TR18 postal district.
2, Gulval Cross, Penzance has 31 entries in the Land Registry database, most recently in September 2021 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 2 Gulval Cross Penzance as £230,502 and the rental value as £1,013 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 2 Gulval Cross Penzance has increased by £2,107 (0.9%) and its rental value has increased by £39 per month (3.8%).
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 2, Gulval Cross, Penzance is in very good condition we estimate a sale value of £242,027 and rental value of £1,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,367 and a rental value of £942 per month.
If you were able to purchase this property for the estimated value of £230,502, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,133 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, 2, Gulval Cross, Penzance was last sold on 30 Sep 2021 for £231,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2021, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Gulval Cross, Penzance within a radius of 530m over the last 2 years.
The most recent example is 5, Treneglos Terrace, Penzance, TR18 3BL, a Freehold house which sold for £300,000 in Mar 2024.
Read more about house prices in TR18.
Gulval Cross, Gulval, Penzance, TR18 has a total of 9 addresses. According to our analysis of all the public data, 2, Gulval Cross, Penzance is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in TR18.
2, Gulval Cross, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jan 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, wood logs.
The closest station to 2, Gulval Cross, Penzance is Penzance station which is 1.2 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 2, Gulval Cross, Penzance, 40.8% of property is privately owned outright and 29.6% 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 2, Gulval Cross, Penzance, 20.5% of residents are recorded as possessing school level qualifications and 32.4% 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 2, Gulval Cross, 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 2, Gulval Cross, Penzance, 0.4% 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 2, Gulval Cross, Penzance, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.