According to the public record, Avallennek, Penzance is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,322 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Vellanoweth, Ludgvan, Penzance, TR20 is located within the TR20 postal district.
Avallennek, Penzance has 2 entries in the Land Registry database, most recently in December 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Avallennek Penzance as £540,476 and the rental value as £1,643 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Avallennek Penzance has decreased by £5,130 (0.9%) and its rental value has increased by £23 per month (1.4%).
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 Avallennek, Penzance is in very good condition we estimate a sale value of £567,500 and rental value of £1,725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,643 and a rental value of £1,528 per month.
If you were able to purchase this property for the estimated value of £540,476, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,656 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, Avallennek, Penzance was last sold on 05 Dec 2008 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2008, the market for similar properties has risen 83.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Avallennek, Penzance within a radius of 371m over the last 2 years.
The most recent example is Vellanoweth Cottage, Vellanoweth, Penzance, TR20 8EW, a Freehold house which sold for £495,000 in Sep 2021.
Read more about house prices in TR20.
Vellanoweth, Ludgvan, Penzance, TR20 has a total of 25 addresses. According to our analysis of all the public data, Avallennek, Penzance is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in TR20.
The closest station to Avallennek, 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 Avallennek, Penzance, 55.6% of property is privately owned outright and 24.8% is privately owned with a mortgage.
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 Avallennek, Penzance, 14.6% of residents are recorded as possessing school level qualifications and 36.2% 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 Avallennek, Penzance, the average age was 50 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 Avallennek, Penzance, 0.3% 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 Avallennek, Penzance, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.