New Town Lane, Penzance, Cornwall

New Town Lane is classified by the ONS as Retired Independent City Dwellers. New Town Lane 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 Town Lane is located in the Penzance Central ward of the Cornwall district in Cornwall.
Coordinates 50.1196, -5.533587
Grid Ref SW475303
Suburb Penzance
Constituency St Ives
Postcodes TR18 2FJ, TR18 2FP, TR18 2NJ, TR18 2NQ

House Prices

The average house price in New Town Lane is 0.46% lower than the rest of Penzance. The last sale we have on record is MOUNT'S BAY LODGE New Town Lane, that sold for £275,000. The average house price in Penzance is £305,966 as of June 2023.

Average House Prices

Recent sales in New Town Lane

Date No. Type Price
23/08/2022 MOUNT'S BAY LODGE Flat £275,000
30/06/2022 MOUNT'S BAY LODGE Flat £245,950
30/06/2022 MOUNT'S BAY LODGE Flat £343,950
29/06/2022 MOUNT'S BAY LODGE Flat £264,950
28/06/2022 MOUNT'S BAY LODGE Flat £392,950
31/05/2022 MOUNT'S BAY LODGE Flat £359,950
12/04/2022 MOUNT'S BAY LODGE Flat £247,450
23/03/2022 MOUNT'S BAY LODGE Flat £265,000
23/03/2022 MOUNT'S BAY LODGE Flat £238,950
21/03/2022 MOUNT'S BAY LODGE Flat £280,000

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 Town Lane, Cornwall

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

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

Social economic statistics for New Town Lane

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 Town Lane is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean New Town Lane 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 Town Lane experiencing deprivation relating to low income.
Residents in around New Town Lane 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 Town Lane involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.
Residents in New Town Lane 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 Town Lane 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 Town Lane, from outside living quality, housing quality, access to services and crime.
Residents in New Town Lane are in the top 20% of the most deprived in the country

2021 Census for New Town Lane

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

Unemployment in New Town Lane

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.
1.44% of New Town Lane residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in New Town Lane

The proportion of retirees in a road should give you an indication of the demographics of New Town Lane. The proportion of retirees on New Town Lane is 34.28% higher than the national average of 18.6%.
52.88% of New Town Lane residents were retired during the last census

Home ownership in New Town Lane

The proportion of home owners on New Town Lane is 17.35% lower than the national average of 62%. 27.44% of properties in New Town Lane are private rented and 26.05% are social rented.
44.65% of residents of New Town Lane own their home

Country of Birth of New Town Lane residents

The proportion if New Town Lane residents born in the UK is 10.79% higher than the England national average of 82.65%. 6.56% of New Town Lane residents were born outside the UK.
93.44% of New Town Lane residents were born in the UK

New Town Lane Summary

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

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

Top 50 worst places to live 2023
Top 50 best places to live 2023