Gernick Field Studio Tredavoe Lane

    GERNICK FIELD STUDIO, TREDAVOE LANE, NEWLYN, PENZANCE, TR18 5DL

    This detached freehold property on Tredavoe Lane last sold in September 2010 for £600,000. Based on price growth in the TR18 district since then, its estimated current value is £958,920 — placing it in the 95th percentile nationally and the 100th percentile within TR18. The property covers 78 m² (840 sq ft), giving an estimated value of £12,294 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £600,000

    Sept 2010

    Estimated Valuation

    £958,920

    Est. £/sq ft

    £1,142/sq ft

    £12,294/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateJul 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Sept 2010

    £600,000

    Key Metrics

    Estimated valuation£958,920
    Value per sq ft / m²£1,142/sq ft (£12,294/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile100th percentile
    National percentile95th percentile

    District Context — TR18

    TR18 covers the Penzance area and surrounding neighbourhoods in west Cornwall, positioned at the southwestern tip of England. It is a coastal region with a mixed character of residential communities, tourism-related activity, and traditional employment sectors.

    Average Property Price - TR18

    £294,280

    41

    National percentile

    Average Net Household Income - TR18

    £30,355

    8

    National percentile

    10-Year Annualised Price Growth - TR18

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - TR

    3.9%

    50

    National percentile

    View full analysis for TR18

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