Property profile

16Millfield, Gulval

TR18 3DR

Ludgvan, Madron, Gulval & Heamoor

Area profile →

Map showing 16, Millfield, Gulval, Penzance

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£180,000

Semi-Detached sold in Ludgvan, Madron, Gulval & Heamoor

The box shows the middle 50% of semi-detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold30 Nov 2017
£153,000Change since last sale: +£28,000 (+18%)
Annualised change
+1.9% per yearCornwall annualised change (semi-detached) since 2017: +3.2% per yearThis property's value grew slower than the market
Price per sq ftLocal median £292 per sq ft
£396 per sq ftEstimate vs local median: +£104 per sq ft (+36%)
Local sold pricesMedian for semi-detached in Ludgvan, Madron, Gulval & Heamoor
£275,000Estimate vs local median: −£94,000 (−34%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeBungalow / Semi-Detached
TenureFreehold
Construction period1967-1975
Floor area42 m² / 456 sq ft
Rooms3 habitable / 2 heated
EPC ratingG
EPC inspection18 Jun 2009

Sales history

DatePriceChange
30 Nov 2017£153,000-

Local market

Property prices in Ludgvan, Madron, Gulval & Heamoor

Median price£300,000
Price per sq ft£310
Sales (last 12 months)65
Typical range (middle 50%)£220K – £430K

Based on 65 recent sales, the median property price is £300,000 (about £310 per square foot) in Ludgvan, Madron, Gulval & Heamoor area, with individual transactions ranging from £55,000 up to £790,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Ludgvan, Madron, Gulval & Heamoor over the last year.
TypeSalesMedian£/sq ft
Detached30£399,250£367
Semi-Detached9£275,000£292
Terraced24£222,500£283
Flats2£122,500£218

10-year price trendmedian sale price in Ludgvan, Madron, Gulval & Heamoor

Sale price

Ten year median sale price trend for each property type in Ludgvan, Madron, Gulval & Heamoor.
YearDetachedFlatsSemi-DetachedTerraced
2016£295,000£117,500£208,000£160,000
2017£314,950£79,000£214,950£167,250
2018£298,000£101,750£244,700£192,500
2019£380,000£111,500£249,500£174,000
2020£357,500£115,000£235,000£186,000
2021£351,875£149,950£252,000£205,000
2022£462,500£171,000£255,000£230,000
2023£422,500£152,475£300,250£225,625
2024£433,750£133,000£303,200£221,850
2025£370,000£116,500£290,000£220,000
2026£399,250£190,000£225,000£228,500
Ten year median sale price trend for each property type in Ludgvan, Madron, Gulval & Heamoor.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Ludgvan, Madron, Gulval & Heamoor.
YearDetachedFlatsSemi-DetachedTerraced
2016£214£237£253£208
2017£281£182£242£215
2018£275£159£280£228
2019£274£223£249£228
2020£299£214£278£256
2021£367£265£290£287
2022£383£319£313£322
2023£420£251£399£296
2024£439£229£370£281
2025£353£176£348£302
2026£357£294£197£283
Ten year median sale price per square foot trend for each property type in Ludgvan, Madron, Gulval & Heamoor.

Price distribution by property typelast 12 months

Price distribution by property type for Ludgvan, Madron, Gulval & Heamoor in the last year.

Recent sales

There were 21 recent sold properties in the last 18 months near TR18 3DR.

Recent sold properties in the last 18 months near TR18 3DR
DateAddressTypeTenurePriceMap
17 Apr 202612A, Millfield, Penzance, TR18 3DRSemi-DetachedFreehold£140,000
27 Mar 20265, Millfield, Penzance, TR18 3DRTerracedFreehold£180,000
07 May 202513, Millfield, Penzance, TR18 3DRSemi-DetachedFreehold£130,000
13 Aug 202510, Pendrea Close, Penzance, TR18 3NFSemi-DetachedFreehold£310,000
28 Jan 202676, Barnfield Gardens, Penzance, TR18 3RHSemi-DetachedFreehold£250,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1 Millfield, Gulval, Penzance-76 m²-
2, Millfield, Gulval, PenzanceFreehold43 m²£180,000 (2024)
3, Millfield, Gulval, PenzanceFreehold42 m²£220,000 (2023)
4, Millfield, Gulval, PenzanceFreehold40 m²£225,000 (2024)
5 Millfield, Gulval, PenzanceFreehold43 m²£180,000 (2026)
7 Millfield, Gulval, PenzanceFreehold38 m²£217,500 (2023)
8 Millfield, Gulval, PenzanceFreehold38 m²£255,000 (2022)
10, Millfield, Gulval, PenzanceFreehold41 m²£140,000 (2017)
11 Millfield, Gulval, PenzanceFreehold38 m²£18,000 (2016)
12, Millfield, Gulval, PenzanceFreehold44 m²£95,000 (2003)

Area insights for TR18 3DR

Full area profile →

Overview

Postcode TR18 3DR is located in an urban city, within the Ludgvan, Madron, Gulval & Heamoor ward of Cornwall in the South West region, and forms part of the Penzance North area. It has average deprivation and low crime levels, with around 42.6 crimes per 1,000 residents per year, about 50% below the South West average of 85 per 1,000. The average income per household in Penzance North is £39,788 per year. The nearest station is Penzance, about 0.6 miles away. There are 2 primary and 1 secondary schools in the area.

Crime rate
4/10
Crimes per 1k residents
43
Deprivation level
6/10
Income level
1/10
Social housing
0.8%
Connectivity
N/A
Flood Risk
Low
Noise Level
No noise

Deprivation level

6/10

Penzance North has an average level of deprivation, ranked at position 16,639 out of 32,844 areas in England, placing it within the bottom 49% least deprived areas in England.

Crime level

4/10

Penzance North has a low crime rate, with approximately 42.6 reported incidents per 1,000 population each year.

Social housing

0.8%

Approximately 0.8% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 25.4% of dwellings are socially rented.

Income level

1/10

The average income per household in Penzance North is £39,788 per year.

Noise Level

No noise

No significant noise sources from railways or roads near TR18 3DR.

Flood risk

Low

Penzance North near TR18 3DR has low flood risk (between 0.1% and 1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Penzance located about 0.6 miles away. There are 1 stations nearby.

Nearby public transport stations for TR18 3DR
DistanceNameLinesDirections
0.6 mi

Penzance

N/A

Walking directions to Penzance

Parks

No parks nearby

Area Profile

Population
249
Population density
693.4 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
24.9(-25%)
Criminal damage and arson
7.18(+11%)
Anti-social behaviour
6.7(-55%)
Other crime
2.87(+74%)
Public order
2.39(-63%)
South West average

Demographics

Ethnic groups

British
232
93.17%
Other White
6
2.41%
Irish
4
1.61%
Chinese
3
1.2%
Other Asian
3
1.2%
Total population: 249

Economics

Education (age 16+)

Level 4+ (Degree)
75
33.78%
No qualifications
39
17.57%
Level 2 (GCSEs 9-4)
34
15.32%
Level 3 (A level)
30
13.51%
Level 1 (GCSEs 3-1)
22
9.91%
Total 16+ residents: 222

Housing

Housing tenure

Owns outright
68
55.74%
Owns with a mortgage
30
24.59%
Private landlord or letting agency
20
16.39%
Other forms of private rent
3
2.46%
Social rents from council
1
0.82%
Total households: 122

Schools

In the TR18 3DR postcode area, located within Penzance North, there are 2 primary and 1 secondary schools in close proximity.

Nearby primary and secondary schools for TR18 3DR
DistancePhaseNameTypeRating
0.2 miPrimaryGulval SchoolAcademy sponsor led

Good

0.5 miPrimarySt Mary's Catholic School, PenzanceAcademy converter

Good

0.5 miNot applicablePenwith Alternative Provision AcademyAcademy alternative provision converter

Special Measures

Local amenities

2 nearby supermarkets & convenience stores within 0.5 mi of TR18 3DR

Nearby supermarkets & convenience stores for TR18 3DR
DistanceNameAddressDirections
0.1 miTescoBranwell Lane, Penzance, TR18 3DUWalking directions to Tesco
0.4 miSainsbury'sEastern Green, Penzance, TR18 3FAWalking directions to Sainsbury's