2, Penare Road - TR18 3AJ
Key Building Insights
2, Penare Road is a residential building situated on Penare Road, Penzance, TR18 with 8 addresses.
It ranks as the 627th largest and 353rd most expensive of the 696 buildings in the TR18 area.
The building contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £173,335
- 10 Year change
- up 31.3%
- Ave. Rental Price
- £873pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £208/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Building Insights
2, Penare Road is a residential building situated on Penare Road, Penzance, TR18 with 8 addresses.
It ranks as the 627th largest and 353rd most expensive of the 696 buildings in the TR18 area.
The building contains a total of 8 properties: 8 flats.
- Ave. Sale Price
- £173,335
- 10 Year change
- up 31.3%
- Ave. Rental Price
- £873pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £208/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Properties on Penare Road, Penzance, TR18
- Flat 1, 2 Penare Road
Period Flat
- Flat 2, 2 Penare Road
Period Flat
- Flat 3, 2 Penare Road
Period Flat
- Flat 4, 2 Penare Road
Period Flat
- Flat 5, 2 Penare Road
Period Flat
Sales Market Trends
The current average value in the building is £173,335.
The 2, Penare Road Sales Market has increased by 31.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.5% | £173,335 |
| July 2025 | -3.2% | £177,726 |
| July 2024 | 1.7% | £183,585 |
| July 2023 | -2.9% | £180,462 |
| July 2022 | 12.8% | £185,887 |
| July 2021 | 14.1% | £164,837 |
| July 2020 | 2.7% | £144,445 |
| July 2019 | -0.5% | £140,625 |
| July 2018 | 3.8% | £141,286 |
| July 2017 | 3% | £136,064 |
| July 2016 | 2.7% | £132,064 |
| July 2015 | 2.4% | £128,646 |
| July 2014 | 1.2% | £125,582 |
| July 2013 | 1.2% | £124,105 |
| July 2012 | -0.6% | £122,665 |
| July 2011 | -3% | £123,425 |
| July 2010 | 3.6% | £127,284 |
| July 2009 | -10.9% | £122,884 |
| July 2008 | -3.4% | £137,909 |
| July 2007 | 0% | £142,697 |
Rental Market Trends
The current average rental value in the building is £873.
The 2, Penare Road Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4.9% | £873pcm |
| July 2025 | 4.6% | £832pcm |
| July 2024 | 4.6% | £796pcm |
| July 2023 | 5.4% | £761pcm |
| July 2022 | 9.3% | £722pcm |
| July 2021 | 6.5% | £660pcm |
| July 2020 | 2.8% | £620pcm |
| July 2019 | 3.5% | £603pcm |
| July 2018 | 0.3% | £583pcm |
| July 2017 | -0.7% | £581pcm |
| July 2016 | 1% | £585pcm |
| July 2015 | 1.4% | £580pcm |
| July 2014 | 2.6% | £572pcm |
| July 2013 | -0.7% | £557pcm |
| July 2012 | 0.4% | £561pcm |
| July 2011 | 1.2% | £559pcm |
| July 2010 | 1.6% | £553pcm |
| July 2009 | -7.6% | £544pcm |
| July 2008 | 5% | £589pcm |
| July 2007 | 0% | £561pcm |
Property Types
- 8 other addresses of unknown type
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Feb 2023£510,000 | 5 Bed House13, Penare Road, Penzance, TR18 3AJ13, Penare Road, Penzance, TR18 3AJ
- Sold Jan 2021£450,000 | 5 Bed House30, Penare Road, Penzance, TR18 3AJ30, Penare Road, Penzance, TR18 3AJ
- Sold Aug 2017£315,000 | 5 Bed House19, Penare Road, Penzance, TR18 3AJ19, Penare Road, Penzance, TR18 3AJ
Schools Nearby
- St Mary's Catholic School, Penzance300 m away
- Pensans Community Primary School900 m away
- Gulval School1.2 km away
- Humphry Davy School400 m away
- Mounts Bay Academy1.6 km away
- St Ives School9.5 km away
More reading links
Public Transport Nearby
The closest station to 2, Penare Road, Penzance, TR18 3AJ is Penzance station, which is 300 metres away.
- Penzance|300 m away
- St Erth|8.3 km away
- Lelant Saltings|9.1 km away
- Carbis Bay|9.6 km away