Geography
Market Place is located in the Penzance Central ward of the Cornwall district in Cornwall.| Coordinates | 50.118871, -5.537115 |
| Grid Ref | SW472303 |
| Suburb | Penzance |
| Constituency | St Ives |
| Postcodes | TR18 2JF, TR18 2JG, TR18 2JW, TR18 2SE |
House Prices
The average house price in Market Place is 16.49% higher than the rest of Penzance. The last sale we have on record is 33 - 34 Market Place, that sold for £332,000. The average house price in Penzance is £305,966 as of June 2023.Average House Prices
Recent sales in Market Place
| Date | No. | Type | Price |
|---|---|---|---|
| 25/11/2022 | 33 - 34 | £332,000 | |
| 29/09/2022 | 38 - 39 | £300,000 | |
| 30/05/2022 | 38 - 39 | £275,000 | |
| 04/05/2022 | 37 | £350,000 | |
| 10/12/2021 | 13 - 14 | £575,000 | |
| 24/09/2021 | CORNISH CAFE, 12 | £138,000 | |
| 06/09/2021 | 25 - 26 | £150,000 |
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
Crime in Market Place, Cornwall
There were no street crime incidents recorded by Devon-and-cornwall Police in Market Place during September 2024.Crime Deprivation
The Indices of Multiple Deprivation (IMD) government statistics have a measure of how likely you are to be a victim of personal crime. We have taken the lower super output area (LSOA) that includes Market Place and compared that to the average for the Penzance Central ward.You are more likely to be a victim of personal crime in Market Place, when compared to the average EIMD rank for the Penzance Central ward
Social economic statistics for Market Place
These statistics are taken from the English Index of Multiple Deprivation's decile figures, with 1 being the worst and 10 being the best. As these are decile figures, a score of 1 for example would mean Market Place is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Market Place is in the top 10% of least deprived LSOAs in the country.Income Deprivation
The Income Deprivation Domain measures the proportion of the population in and around Market Place experiencing deprivation relating to low income.Employment Deprivation
The Employment Deprivation Domain measures the proportion of working-age residents in and around Market Place involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.Health & Disability Deprivation
The Health Deprivation and Disability Domain measures the risk of premature death and the impairment of quality of life through poor physical or mental health. This does not include aspects of behaviour or the environment that may be lead to predicted future health and disability problems.Index of Multiple Deprivation
The Index of Multiple Deprivation (IMD) is an overall relative measure of deprivation constructed by combining seven measures of deprivation. It encapsulates a broad socio-economic view of Market Place, from outside living quality, housing quality, access to services and crime.2021 Census for Market Place
We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of Market Place.
Unemployment in Market Place
The census is now the only reliable source to find the proportion of residents that are unemployed or under-employed as the Department for Work and pensions no longer do so and haven't since the introduction of Universal Credit.Retirees (OAPs) in Market Place
The proportion of retirees in a road should give you an indication of the demographics of Market Place. The proportion of retirees on Market Place is 13.26% higher than the national average of 18.6%.Home ownership in Market Place
The proportion of home owners on Market Place is 38.85% lower than the national average of 62%. 33.8% of properties in Market Place are private rented and 43.06% are social rented.Country of Birth of Market Place residents
The proportion if Market Place residents born in the UK is 9.54% higher than the England national average of 82.65%. 7.81% of Market Place residents were born outside the UK.
Source: Census 2021 (Nomis/ONS)
Market Place Summary
Market Place has a lower level of home ownership than the national average. This is an indicator that finding private rented accomodation in Market Place maybe easier than surrounding areas.
Market Place has very high levels of employment deprivation, suggesting that finding work in the local area maybe harder compared to the rest of the country.
