New Street, Penzance, Cornwall

New Street is classified by the ONS as Retired Communal City Dwellers. New Street is in the top 20% of highest crime postcodes (see map). The road is in the top 20% most deprived in the country.

Geography

New Street is located in the Penzance Central ward of the Cornwall district in Cornwall.
Coordinates 50.118697, -5.53632
Grid Ref SW473302
Suburb Penzance
Constituency St Ives

House Prices

The average house price in New Street is 4.5% lower than the rest of Penzance. The last sale we have on record is 39 New Street, that sold for £260,000. The average house price in Penzance is £305,966 as of June 2023.

Average House Prices

Recent sales in New Street

Date No. Type Price
23/03/2023 39 Terrace £260,000
11/03/2022 35 Terrace £174,000
22/02/2022 24 Terrace £225,000
26/11/2021 EXCHANGE BUILDING, 43 - 44 Flat £570,000
24/11/2021 27A Flat £235,000
05/03/2021 2 £210,000
10/09/2020 FOSTER HALL, 20 Flat £169,000

Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.

Crime in New Street, Cornwall

There were no street crime incidents recorded by Devon-and-cornwall Police in New Street 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 New Street and compared that to the average for the Penzance Central ward.

You are more likely to be a victim of personal crime in New Street, when compared to the average EIMD rank for the Penzance Central ward

Social economic statistics for New Street

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 New Street is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean New Street 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 New Street experiencing deprivation relating to low income.
Residents in around New Street are in the top 20% of most income deprived in the country.

Employment Deprivation

The Employment Deprivation Domain measures the proportion of working-age residents in and around New Street involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.
Residents in New Street are in the top 10% of the most employment deprived in the country

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.
Residents in New Street are in the top 20% of the most health & disability deprived in the country

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 New Street, from outside living quality, housing quality, access to services and crime.
Residents in New Street are in the top 20% of the most deprived in the country

2021 Census for New Street

We chosen some choice data from the 2021 census, that will hopefully give you socio-economic a snapshot of New Street.

Unemployment in New Street

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.
4.75% of New Street residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in New Street

The proportion of retirees in a road should give you an indication of the demographics of New Street. The proportion of retirees on New Street is 13.26% higher than the national average of 18.6%.
31.86% of New Street residents were retired during the last census

Home ownership in New Street

The proportion of home owners on New Street is 38.85% lower than the national average of 62%. 33.8% of properties in New Street are private rented and 43.06% are social rented.
23.15% of residents of New Street own their home

Country of Birth of New Street residents

The proportion if New Street residents born in the UK is 9.54% higher than the England national average of 82.65%. 7.81% of New Street residents were born outside the UK.
92.19% of New Street residents were born in the UK

New Street Summary

New Street has a lower level of home ownership than the national average. This is an indicator that finding private rented accomodation in New Street maybe easier than surrounding areas.

New Street has very high levels of employment deprivation, suggesting that finding work in the local area maybe harder compared to the rest of the country.

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