According to the public record, 6, Jamaica Place, Penzance is a period freehold house and with 387 ft2 of internal area and sits on a 81.1 m2 plot.
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.
6, Jamaica Place, Penzance has a single entry in the Land Registry database from March 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 6 Jamaica Place Penzance as £142,301 and the rental value as £668 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 6 Jamaica Place Penzance has increased by £1,116 (0.8%) and its rental value has increased by £25 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 6, Jamaica Place, Penzance is in very good condition we estimate a sale value of £149,416 and rental value of £701 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £132,340 and a rental value of £621 per month.
If you were able to purchase this property for the estimated value of £142,301, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £699 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, 6, Jamaica Place, Penzance sits on a plot of 81m2.
We have plot size data on 8 out of 16 other houses in the postcode and 6, Jamaica Place, Penzance sits on the 4th largest plot.
According to HM Land Registry, 6, Jamaica Place, Penzance was last sold on 08 Mar 2021 for £140,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Jamaica Place, Penzance within a radius of 325m over the last 2 years.
The most recent example is 15, Jamaica Place, Penzance, TR18 3HG, a Freehold house which sold for £145,000 in Oct 2019.
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, 6, Jamaica Place, Penzance is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in TR18.
6, Jamaica Place, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jan 2021.
The property is not connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to 6, 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 6, 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 6, 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 6, 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 6, 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 6, 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.