Flat 4, 5 Penare Road, Penzance, TR18 3AJ is a leasehold flat built before 1900. The property offers approximately 258 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £45,967 , which equates to approximately £178 per square foot. It was last sold on 5 Apr 2012 for £34,500. Since then, the value has increased by £11,467, representing a 33.2% increase, or approximately 2.4% per year.

The current estimated value of £45,967 is:

  • 85.2% lower than the average property price on Penare Road
  • 83.4% lower than the average in the TR18 3AJ postcode area
  • and 84.9% lower than the average price for Penzance as a whole

At the most recent EPC inspection on 1 June 2010, the property was recorded as owner-occupied.

View sold house prices in TR18 3AJ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
258 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£45,967
Price Per sq ft (estimate)
£178
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 5 Penare Road, Penzance, Cornwall, TR18 3AJ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Sep 2020.

This property uses electric room 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.

The previous EPC assessment was conducted on 1 Jun 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 15%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to room heaters, electric, changing energy efficiency from very good to very poor.
  • The hot water system was changed from from main system to electric instantaneous at point of use, with its energy efficiency changing from very good to very poor.
  • The wall construction or insulation changed from granite or whin, as built, no insulation (assumed) to granite or whinstone, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Granite or whinstone, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR18 3AJ

33 rd / 33
Price Rank
83% lower than average
23 rd / 27
Size Rank
76% smaller than average
24 th / 27
Price Per Sq FT Rank
31% lower than average

Compared to other properties in TR18 3AJ , this flat's estimated value ranks 33th out of 33. Based on price per square foot, it ranks 24th out of 27 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 23th out of 27 properties in its postcode area.

Sale History

Today
£45,967
streetscan.co.uk estimate
+33 %
5 Apr 2012
£34,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 3, 5 Penare Road, Penzance, TR18 3AJ
rooms: 2
size: 291 sq ft
sale price: £85,000
sale date: 26 Apr 2017

Data Sources

The property at Flat 4, 5 Penare Road, Penzance, Cornwall, TR18 3AJ appears once in the Land Registry records, with the transaction recorded on 5 Apr 2012. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Sep 2020. 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.
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