According to the public record, 7-8, Trevarrack Road, Penzance is a period apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Trevarrack Road, Gulval, Penzance, TR18 is located within the TR18 postal district.
7-8, Trevarrack Road, Penzance has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data 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 7-8 Trevarrack Road Penzance as £170,204 and the rental value as £905 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 7-8 Trevarrack Road Penzance has increased by £4,386 (2.6%) and its rental value has increased by £50 per month (5.5%).
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 7-8, Trevarrack Road, Penzance is in very good condition we estimate a sale value of £178,714 and rental value of £951 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,290 and a rental value of £842 per month.
If you were able to purchase this property for the estimated value of £170,204, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £837 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7-8, Trevarrack Road, Penzance within a radius of 988m over the last 2 years.
The most recent example is Flat B1, Chyanhall, Trythogga, Penzance, TR18 3LY, a Leasehold flat which sold for £159,950 in Oct 2023.
Read more about house prices in TR18.
Trevarrack Road, Gulval, Penzance, TR18 has a total of 13 addresses. According to our analysis of all the public data, 7-8, Trevarrack Road, Penzance is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in TR18.
7-8, Trevarrack Road, Penzance has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 7-8, Trevarrack Road, Penzance is Penzance station which is 1.1 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 7-8, Trevarrack Road, 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 7-8, Trevarrack Road, 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 7-8, Trevarrack Road, 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 7-8, Trevarrack Road, 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 7-8, Trevarrack Road, 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.