7 New Road, Newlyn, Penzance, TR18 5PZ is a freehold terraced property built between 1967-1975. The property offers approximately 377 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £48,958 , which equates to approximately £130 per square foot. It was last sold on 22 Jan 2021 for £42,000. Since then, the value has increased by £6,958, representing a 16.6% increase, or approximately 3.4% per year.

The current estimated value of £48,958 is:

  • 83.8% lower than the average property price on New Road
  • 78.6% lower than the average in the TR18 5PZ postcode area
  • and 83.9% lower than the average price for Penzance as a whole

View sold house prices in TR18 5PZ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
377 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£48,958
Price Per sq ft (estimate)
£130
Bedroom Count (estimate)
1 bedroom

EPC Summary

7 New Road, Newlyn, Penzance, Cornwall, TR18 5PZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 12 Mar 2016.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, limited insulation (assumed)
Very Poor
Walls
Timber frame, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to TR18 5PZ

29 th / 29
Price Rank
79% lower than average
17 th / 17
Size Rank
64% smaller than average
17 th / 17
Price Per Sq FT Rank
41% lower than average

Compared to other properties in TR18 5PZ , this flat's estimated value ranks 29th out of 29. Based on price per square foot, it ranks 17th out of 17 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 17th out of 17 properties in its postcode area.

Sale History

Today
£48,958
streetscan.co.uk estimate
+17 %
22 Jan 2021
£42,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 1163 sq ft
sale price: £47,000
sale date: 25 Sep 1996
rooms: 5
size: 1000 sq ft
sale price: £235,000
sale date: 7 Jan 2011
rooms: 4
size: 936 sq ft
sale price: £250,000
sale date: 24 Oct 2022
rooms: 4
size: 947 sq ft
sale price: £120,000
sale date: 26 Sep 2006
rooms: 4
size: 1066 sq ft
sale price: £168,000
sale date: 25 Nov 2004

Data Sources

The property at 7 New Road, Newlyn, Penzance, Cornwall, TR18 5PZ appears once in the Land Registry records, with the transaction recorded on 22 Jan 2021. It also has a single Energy Performance Certificate (EPC) from 12 Mar 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.