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12 North Parade is a residential building situated on North Parade, Penzance, TR18 with 2 addresses.
It ranks as the 74th largest and 615th most expensive of the 694 buildings in the TR18 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
12 North Parade is a residential building situated on North Parade, Penzance, TR18 with 2 addresses.
It ranks as the 74th largest and 615th most expensive of the 694 buildings in the TR18 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £195,089 for 2 bedroom leasehold flats (473 ft2) to £557,876 for 5 bedroom freehold houses with a garden (1,980 ft2) .
Monthly rental prices range from £784 pcm for 2 bed flats to £1,616 pcm for 5 bed houses.
The gross rental yield is between 3.5% and 4.8%.
The average value per square foot is £347.
The last sale in 12 North Parade sold for £665,000 on 15th March 2024. Since then prices are down an average of 3.0%.
The current average value in the building is £376,482.
The 12 North Parade Sales Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3% | £376,482 |
| May 2025 | -1.7% | £388,117 |
| May 2024 | 2% | £394,917 |
| May 2023 | -0.8% | £387,029 |
| May 2022 | 15.6% | £390,320 |
| May 2021 | 15.4% | £337,529 |
| May 2020 | 0.5% | £292,395 |
| May 2019 | 0.6% | £290,874 |
| May 2018 | 2.8% | £289,087 |
| May 2017 | 4.2% | £281,216 |
| May 2016 | 5% | £269,857 |
| May 2015 | 0.4% | £257,033 |
| May 2014 | 0.9% | £255,972 |
| May 2013 | 1.5% | £253,572 |
| May 2012 | -0.9% | £249,766 |
| May 2011 | 0.2% | £252,139 |
| May 2010 | 3.7% | £251,672 |
| May 2009 | -10.7% | £242,689 |
| May 2008 | -3% | £271,663 |
| May 2007 | 0% | £280,120 |
The current average rental value in the building is £1,200.
The 12 North Parade Rental Market has increased by 64.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.6% | £1,200pcm |
| May 2025 | 8.6% | £1,158pcm |
| May 2024 | 5.7% | £1,067pcm |
| May 2023 | 4.5% | £1,009pcm |
| May 2022 | 9.5% | £965pcm |
| May 2021 | 12.4% | £882pcm |
| May 2020 | 1.7% | £784pcm |
| May 2019 | 4% | £771pcm |
| May 2018 | 1.7% | £742pcm |
| May 2017 | 0.2% | £729pcm |
| May 2016 | 1.3% | £728pcm |
| May 2015 | 1.7% | £719pcm |
| May 2014 | 2% | £707pcm |
| May 2013 | -1.1% | £693pcm |
| May 2012 | 0.9% | £700pcm |
| May 2011 | 3% | £694pcm |
| May 2010 | 2.3% | £674pcm |
| May 2009 | -5.1% | £658pcm |
| May 2008 | 3.2% | £694pcm |
| May 2007 | 0% | £672pcm |
The last sale was on 15th March 2024 for £665,000 and since then the market in the area has decreased by 3.0%. The building has had a total of 3 sales since 1995.
12, North Parade, Penzance, TR18 4SH has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 12, North Parade, Penzance, TR18 4SH is Penzance station which is 600 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, North Parade, Penzance, TR18 4SH, 34.1% of property is socially rented and 32.6% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, North Parade, Penzance, TR18 4SH, 8.7% of residents are recorded as possessing school level qualifications and 35.9% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, North Parade, Penzance, TR18 4SH, the average age was 46.3 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, North Parade, Penzance, TR18 4SH, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, North Parade, Penzance, TR18 4SH, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.