1 Parc MellanHouse Prices / South West, Cornwall, Parc Mellan, TR18 3PB
Key Building Insights
1 Parc Mellan is a residential building situated on Parc Mellan, Penzance, TR18 with 2 addresses.
It ranks as the 43rd largest and 71st most expensive of the 694 buildings in the TR18 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
- Flats
Key Building Insights
1 Parc Mellan is a residential building situated on Parc Mellan, Penzance, TR18 with 2 addresses.
It ranks as the 43rd largest and 71st most expensive of the 694 buildings in the TR18 area. The dominant property type is a early-century flat built between 1912 and 1935.
The building contains a total of 2 properties: 2 flats.
- Flats
House Pricesin 1 Parc Mellan
Sale prices range from £120,276 for 1 bedroom Leasehold flats with a garden (434 ft2) to £130,373 for 1 bedroom Leasehold flats (434 ft2) .
Monthly rental prices range from £735 pcm for 1 bed flats to £741 pcm for 1 bed flats.
The gross rental yield is between 6.8% and 7.3%.
The average value per square foot is £288.
Sales Market Trendsin 1 Parc Mellan
The current average value in the building is £125,324.
The 1 Parc Mellan Sales Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £125,324 |
| May 2025 | 0% | £127,020 |
| May 2024 | 1.3% | £127,062 |
| May 2023 | -1.1% | £125,383 |
| May 2022 | 14.6% | £126,814 |
| May 2021 | 13.3% | £110,612 |
| May 2020 | 1% | £97,624 |
| May 2019 | -0.3% | £96,630 |
| May 2018 | 2% | £96,919 |
| May 2017 | 2.2% | £95,048 |
| May 2016 | 4.3% | £93,036 |
| May 2015 | -0.1% | £89,212 |
| May 2014 | 0.5% | £89,317 |
| May 2013 | 1.1% | £88,885 |
| May 2012 | -1.4% | £87,926 |
| May 2011 | -1.6% | £89,133 |
| May 2010 | 1.4% | £90,604 |
| May 2009 | -12.7% | £89,330 |
| May 2008 | -1.8% | £102,356 |
| May 2007 | 0% | £104,217 |
Rental Market Trendsin 1 Parc Mellan
The current average rental value in the building is £738.
The 1 Parc Mellan Rental Market has increased by 59.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.4% | £738pcm |
| May 2025 | 10.4% | £700pcm |
| May 2024 | 5% | £634pcm |
| May 2023 | 4.2% | £604pcm |
| May 2022 | 8.6% | £580pcm |
| May 2021 | 10.4% | £534pcm |
| May 2020 | 2.2% | £484pcm |
| May 2019 | 3.1% | £473pcm |
| May 2018 | 0.8% | £459pcm |
| May 2017 | -1.7% | £456pcm |
| May 2016 | 0.6% | £464pcm |
| May 2015 | 1.1% | £461pcm |
| May 2014 | 1.6% | £456pcm |
| May 2013 | -1.5% | £449pcm |
| May 2012 | 0.5% | £455pcm |
| May 2011 | 1.1% | £453pcm |
| May 2010 | 0.1% | £448pcm |
| May 2009 | -7.3% | £448pcm |
| May 2008 | 4.5% | £483pcm |
| May 2007 | 0% | £462pcm |
Explore Propertiesin 1, Parc Mellan, Penzance, TR18 3PB
Property Typesin 1 Parc Mellan
- 1 early-century flat built between 1912 and 1935
- 1 other address of unknown type
- early-century flat (1)
- Unknown (1)
Energy Efficiencyof properties in 1 Parc Mellan
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is B.
- A (0)
- E (0)
- B (1)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Schools Nearby
- 700mSt Mary's Catholic School, Penzance
- 700mPensans Community Primary School
- 1.1kmHeamoor Community Primary School
- 600mHumphry Davy School
- 800mMounts Bay Academy
- 9.3kmSt Ives School
More reading links
Public Transport Nearby
The closest station to 1, Parc Mellan, Penzance, TR18 3PB is Penzance station, which is 1.2 kilometres away.
- 1.2kmPenzance
- 8.5kmSt Erth
- 9.2kmLelant Saltings
- 9.5kmCarbis Bay
