According to the public record, 3, Park Corner, Penzance is a period freehold house and with 613 ft2 of internal area and sits on a 60.5 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Park Corner, Penzance, TR18 is located within the TR18 postal district.
3, Park Corner, Penzance has 31 entries in the Land Registry database, most recently in May 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 3 Park Corner Penzance as £315,513 and the rental value as £1,017 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 3 Park Corner Penzance has increased by £3,341 (1.1%) and its rental value has increased by £40 per month (4.0%).
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 3, Park Corner, Penzance is in very good condition we estimate a sale value of £331,288 and rental value of £1,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,427 and a rental value of £945 per month.
If you were able to purchase this property for the estimated value of £315,513, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,551 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, 3, Park Corner, Penzance sits on a plot of 61m2.
We have plot size data on 9 out of 17 other houses in the postcode and 3, Park Corner, Penzance sits on the 6th largest plot.
According to HM Land Registry, 3, Park Corner, Penzance was last sold on 05 May 2021 for £220,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 3, Park Corner, Penzance within a radius of 5m over the last 2 years.
The most recent example is 4, Park Corner, Penzance, TR18 4SP, a Freehold house which sold for £202,000 in Sep 2020.
Read more about house prices in TR18.
Park Corner, Penzance, TR18 has a total of 17 addresses. According to our analysis of all the public data, 3, Park Corner, Penzance is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £24k more expensive than the average property in TR18.
3, Park Corner, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Oct 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 3, Park Corner, Penzance is Penzance station which is 700 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 3, Park Corner, Penzance, 34.1% of property is socially rented and 32.6% 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 3, Park Corner, Penzance, 8.7% of residents are recorded as possessing school level qualifications and 35.9% 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 3, Park Corner, Penzance, the average age was 46.3 and the most common age was 57.
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 3, Park Corner, 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 3, Park Corner, Penzance, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.