Melbourne House Hea Road

    MELBOURNE HOUSE, HEA ROAD, HEAMOOR, PENZANCE, TR18 3HB

    This detached freehold property on Hea Road last sold in August 2017 for £320,000. Based on price growth in the TR18 district since then, its estimated current value is £434,583 — placing it in the 72nd percentile nationally and the 85th percentile within TR18. The property covers 108 m² (1,163 sq ft), giving an estimated value of £4,024 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,163 sq ft

    108 m²

    Last Sale Price

    £320,000

    Aug 2017

    Estimated Valuation

    £434,583

    Est. £/sq ft

    £374/sq ft

    £4,024/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,163 sq ft (108 m²)
    EPC dateDec 2016
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Aug 2017

    £320,000

    Key Metrics

    Estimated valuation£434,583
    Value per sq ft / m²£374/sq ft (£4,024/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile85th percentile
    National percentile72nd 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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