Wood Street, Penzance, Cornwall

Wood Street is classified by the ONS as Hampered Aspiration. Wood 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

Wood Street is located in the Penzance Central ward of the Cornwall district in Cornwall.
Coordinates 50.12067, -5.534464
Grid Ref SW474304
Suburb Penzance
Constituency St Ives
Postcodes TR18 2EE, TR18 2EW

House Prices

We have no record of house sales in Wood Street in the last 3 years. Therefore we cannot provide a house price analysis for this road.

Crime in Wood Street, Cornwall

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

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

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

2021 Census for Wood Street

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

Unemployment in Wood 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.
2.82% of Wood Street residents were unemployed during the Covid 19 pandemic

Retirees (OAPs) in Wood Street

The proportion of retirees in a road should give you an indication of the demographics of Wood Street. The proportion of retirees on Wood Street is 10.78% higher than the national average of 18.6%.
29.38% of Wood Street residents were retired during the last census

Home ownership in Wood Street

The proportion of home owners on Wood Street is 29.88% lower than the national average of 62%. 24.09% of properties in Wood Street are private rented and 39.42% are social rented.
32.12% of residents of Wood Street own their home

Country of Birth of Wood Street residents

The proportion if Wood Street residents born in the UK is 10.41% higher than the England national average of 82.65%. 6.94% of Wood Street residents were born outside the UK.
93.06% of Wood Street residents were born in the UK

Wood Street Summary

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

Wood 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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