1 New StreetHouse Prices / South West, Cornwall, New Street, TR18 2LZ
Key Building Insights
1 New Street is a residential building situated on New Street, Penzance, TR18 with 4 addresses.
It ranks as the 471st largest and 478th most expensive of the 694 buildings in the TR18 area. The dominant property type is a modern house built after 1980.
The building contains a total of 4 properties: 4 flats.
- Flats
Key Building Insights
1 New Street is a residential building situated on New Street, Penzance, TR18 with 4 addresses.
It ranks as the 471st largest and 478th most expensive of the 694 buildings in the TR18 area. The dominant property type is a modern house built after 1980.
The building contains a total of 4 properties: 4 flats.
- Flats
House Pricesin 1 New Street
Sale prices range from £194,500 for 2 bedroom freehold houses with a garden (505 ft2) to £289,820 for 3 bedroom freehold houses with a garden (1,011 ft2) .
Monthly rental prices range from £764 pcm for 2 bed houses to £1,273 pcm for 3 bed houses.
The gross rental yield is between 3.7% and 5.7%.
The average value per square foot is £392.
Sales Market Trendsin 1 New Street
The last sale in 1 New Street sold for £80,000 on 6th July 2018. Since then prices are down an average of 0.0%.
The current average value in the building is £245,838.
The 1 New Street Sales Market has increased by 39.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.6% | £245,838 |
| May 2025 | -0.9% | £249,724 |
| May 2024 | 1.3% | £252,090 |
| May 2023 | -0.6% | £248,916 |
| May 2022 | 15.5% | £250,407 |
| May 2021 | 14.3% | £216,737 |
| May 2020 | 0.7% | £189,614 |
| May 2019 | 0% | £188,359 |
| May 2018 | 3.1% | £188,339 |
| May 2017 | 3.9% | £182,615 |
| May 2016 | 4.4% | £175,755 |
| May 2015 | 1.1% | £168,371 |
| May 2014 | 1.5% | £166,509 |
| May 2013 | 2.1% | £164,027 |
| May 2012 | -0.7% | £160,691 |
| May 2011 | -0.9% | £161,893 |
| May 2010 | 4.6% | £163,366 |
| May 2009 | -13% | £156,128 |
| May 2008 | -2.6% | £179,455 |
| May 2007 | 0% | £184,237 |
Rental Market Trendsin 1 New Street
The current average rental value in the building is £930.
The 1 New Street Rental Market has increased by 65.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.2% | £930pcm |
| May 2025 | 9.4% | £884pcm |
| May 2024 | 4.9% | £808pcm |
| May 2023 | 4.8% | £770pcm |
| May 2022 | 9.4% | £735pcm |
| May 2021 | 11.3% | £672pcm |
| May 2020 | 1.8% | £603pcm |
| May 2019 | 3.4% | £593pcm |
| May 2018 | 2% | £573pcm |
| May 2017 | -0.1% | £562pcm |
| May 2016 | 0.7% | £562pcm |
| May 2015 | 2.4% | £558pcm |
| May 2014 | 2.6% | £545pcm |
| May 2013 | -0.5% | £531pcm |
| May 2012 | 1.1% | £534pcm |
| May 2011 | 1.9% | £529pcm |
| May 2010 | 3.3% | £519pcm |
| May 2009 | -7.6% | £503pcm |
| May 2008 | 3.7% | £544pcm |
| May 2007 | 0% | £525pcm |
Explore Propertiesin 1, New Street, Penzance, TR18 2LZ
Sales Historyin 1, New Street, Penzance, TR18 2LZ
The last sale was on 6th July 2018 for £80,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
1, New Street, Penzance, TR18 2LZ has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 1 New Street
- 2 modern houses built after 1980
- 2 modern flats built after 1980
- modern house (2)
- modern flat (2)
Energy Efficiencyof properties in 1 New Street
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (0)
Top 3 Most Expensive Saleson New Street, Penzance, TR18
- Sold Nov 2021£570,000 | 4 Bed FlatExchange Building 43-44, New StreetApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Nov 2009£430,000 | 4 Bed FlatExchange Building 43-44, New StreetApartment 3, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Feb 2023£335,000 | 2 Bed HouseNew Street38, New Street, Penzance, TR18 2NA
Schools Nearby
- 600mSt Mary's CofE Primary School, Penzance
- 800mSt Mary's Catholic School, Penzance
- 1.0kmAlverton Primary School
- 800mHumphry Davy School
- 1.8kmMounts Bay Academy
- 10.1kmSt Ives School
More reading links
Public Transport Nearby
The closest station to 1, New Street, Penzance, TR18 2LZ is Penzance station, which is 400 metres away.
- 400mPenzance
- 8.7kmSt Erth
- 9.5kmLelant Saltings
- 10.1kmCarbis Bay
