According to the public record, 2 The Old Church School, Penzance is a period freehold house and with 807 ft2 of internal area and sits on a 185 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Church Hill, Ludgvan, Penzance, TR20 is located within the TR20 postal district.
2 The Old Church School, Penzance has a single entry in the Land Registry database from October 2022 and a single entry in the EPC database dated June 2021.
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 The Old Church School Penzance as £365,317 and the rental value as £1,311 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 The Old Church School Penzance has increased by £3,951 (1.1%) and its rental value has increased by £50 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 The Old Church School, Penzance is in very good condition we estimate a sale value of £383,582 and rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,744 and a rental value of £1,219 per month.
If you were able to purchase this property for the estimated value of £365,317, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,795 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, 2 The Old Church School, Penzance sits on a plot of 185m2.
We have plot size data on 12 out of 20 other houses in the postcode and 2 The Old Church School, Penzance sits on the 12th largest plot.
According to HM Land Registry, 2 The Old Church School, Penzance was last sold on 31 Oct 2022 for £376,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2022, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Old Church School, Penzance within a radius of 378m over the last 2 years.
The most recent example is Trelegoe, Penzance, TR20 8HG, a Freehold house which sold for £345,000 in Apr 2021.
Read more about house prices in TR20.
Church Hill, Ludgvan, Penzance, TR20 has a total of 23 addresses. According to our analysis of all the public data, 2 The Old Church School, Penzance is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in TR20.
2 The Old Church School, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 2 The Old Church School, Penzance is St Erth station which is 4.1 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 The Old Church School, Penzance, 42.2% of property is privately owned outright and 24.8% is socially 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 The Old Church School, Penzance, 19.7% of residents are recorded as possessing school level qualifications and 20.7% 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 The Old Church School, Penzance, the average age was 48.6 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 2 The Old Church School, Penzance, 0.5% 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 The Old Church School, 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.