According to the public record, Chapel Cottage, Penzance is a period freehold house and with 504 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Cockwells, Penzance, TR20 is located within the TR20 postal district.
Chapel Cottage, Penzance has 31 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated July 2011.
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 Chapel Cottage Penzance as £251,794 and the rental value as £1,008 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Chapel Cottage Penzance has increased by £3,239 (1.3%) and its rental value has increased by £37 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 Chapel Cottage, Penzance is in very good condition we estimate a sale value of £264,384 and rental value of £1,058 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,169 and a rental value of £937 per month.
If you were able to purchase this property for the estimated value of £251,794, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,237 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, Chapel Cottage, Penzance was last sold on 28 Nov 2014 for £153,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2014, the market for similar properties has risen 55.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Chapel Cottage, Penzance within a radius of 3.1km over the last 2 years.
The most recent example is Holding House Cottage, Trencrom, Hayle, TR27 6NU, a Freehold house which sold for £215,000 in Jun 2024.
Read more about house prices in TR20.
Cockwells, Penzance, TR20 has a total of 46 addresses. According to our analysis of all the public data, Chapel Cottage, Penzance is the 45th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in TR20.
Chapel Cottage, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Jul 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using electric storage heaters.
The closest station to Chapel Cottage, Penzance is St Erth station which is 2.6 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 Chapel Cottage, Penzance, 68.4% of property is privately owned outright and 16.2% 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 Chapel Cottage, Penzance, 9.3% of residents are recorded as possessing school level qualifications and 30.2% 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 Chapel Cottage, 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 Chapel Cottage, 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 Chapel Cottage, Penzance, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.