Penalverne Place, Penzance, Cornwall

Penalverne Place is classified by the ONS as Hampered Aspiration. Penalverne Place has a slightly higher crime rate than average (see map). The road is one of the most deprived in the country

Geography

Penalverne Place is located in the Penzance Central ward of the Cornwall district in Cornwall.
Coordinates 50.118772, -5.541516
Grid Ref SW469303
Suburb Penzance
Constituency St Ives
Postcodes TR18 2NS, TR18 2RA, TR18 2RN, TR18 2RQ

House Prices

The average house price in Penalverne Place is 85.43% lower than the rest of Penzance. The last sale we have on record is 10 Penalverne Place, that sold for £165,000. The average house price in Penzance is £305,966 as of June 2023.

Average House Prices

Recent sales in Penalverne Place

Date No. Type Price
14/02/2022 10 Terrace £165,000

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

Crime in Penalverne Place, Cornwall

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

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

Social economic statistics for Penalverne 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 Penalverne Place is on the top 10% of most deprived LSOAs, conversely a score of 10 would mean Penalverne 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 Penalverne Place experiencing deprivation relating to low income.
Residents in around Penalverne Place are in the top 10% of most income deprived in the country.

Employment Deprivation

The Employment Deprivation Domain measures the proportion of working-age residents in and around Penalverne Place involuntarily excluded from the labour market. This includes the unemployed, those who are sick or disabled, or have caring responsibilities.
Residents in Penalverne Place 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 Penalverne Place 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 Penalverne Place, from outside living quality, housing quality, access to services and crime.
Residents in Penalverne Place are in the top 10% of the most deprived in the country

2021 Census for Penalverne Place

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

Unemployment in Penalverne 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.
2.32% of Penalverne Place residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in Penalverne Place

The proportion of retirees in a road should give you an indication of the demographics of Penalverne Place. The proportion of retirees on Penalverne Place is 9.97% higher than the national average of 18.6%.
28.57% of Penalverne Place residents were retired during the last census

Home ownership in Penalverne Place

The proportion of home owners on Penalverne Place is 7.62% lower than the national average of 62%. 26.88% of properties in Penalverne Place are private rented and 18.75% are social rented.
54.38% of residents of Penalverne Place own their home

Country of Birth of Penalverne Place residents

The proportion if Penalverne Place residents born in the UK is 10.87% higher than the England national average of 82.65%. 6.48% of Penalverne Place residents were born outside the UK.
93.52% of Penalverne Place residents were born in the UK

Penalverne Place Summary

With house prices in Penalverne Place less than the average for Cornwall and very high levels of income depirvation, this is an indicator of a very poor road. Penalverne Place is the the top 10% of income deprivated streets in England. Penalverne Place has a lower level of home ownership than the national average. This is an indicator that finding private rented accomodation in Penalverne Place maybe easier than surrounding areas.

Penalverne 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.

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