3 Penrose TerraceHouse Prices / South West, Cornwall, Penrose Terrace, TR18 2HQ
Key Building Insights
3 Penrose Terrace is a residential building situated on Penrose Terrace, Penzance, TR18 with 3 addresses.
It ranks as the 382nd largest and 350th 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 3 properties: 3 flats.
- Flats
Key Building Insights
3 Penrose Terrace is a residential building situated on Penrose Terrace, Penzance, TR18 with 3 addresses.
It ranks as the 382nd largest and 350th 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 3 properties: 3 flats.
- Flats
House Pricesin 3 Penrose Terrace
Sale prices range from £164,933 for 2 bedroom leasehold flats (559 ft2) to £229,830 for 3 bedroom leasehold flats with a garden (1,054 ft2) .
Monthly rental prices range from £903 pcm for 2 bed flats to £994 pcm for 3 bed flats.
The gross rental yield is between 5.2% and 6.6%.
The average value per square foot is £279.
Sales Market Trendsin 3 Penrose Terrace
The last sale in 3 Penrose Terrace sold for £122,000 on 18th October 2016. Since then prices are up an average of 31.8%.
The current average value in the building is £189,931.
The 3 Penrose Terrace Sales Market has increased by 31.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £189,931 |
| May 2025 | -2.6% | £192,123 |
| May 2024 | 2.5% | £197,328 |
| May 2023 | -0.8% | £192,571 |
| May 2022 | 12.7% | £194,095 |
| May 2021 | 12.6% | £172,181 |
| May 2020 | 1.6% | £152,936 |
| May 2019 | -0.3% | £150,499 |
| May 2018 | 1.7% | £151,005 |
| May 2017 | 2.9% | £148,460 |
| May 2016 | 4.4% | £144,287 |
| May 2015 | 1.4% | £138,230 |
| May 2014 | 2.1% | £136,277 |
| May 2013 | 0.9% | £133,425 |
| May 2012 | -0.6% | £132,240 |
| May 2011 | -1% | £132,996 |
| May 2010 | 3.3% | £134,404 |
| May 2009 | -11.5% | £130,165 |
| May 2008 | -2.9% | £147,060 |
| May 2007 | 0% | £151,393 |
Rental Market Trendsin 3 Penrose Terrace
The current average rental value in the building is £939.
The 3 Penrose Terrace Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.6% | £939pcm |
| May 2025 | 7.6% | £889pcm |
| May 2024 | 6.2% | £826pcm |
| May 2023 | 4.6% | £778pcm |
| May 2022 | 6.7% | £744pcm |
| May 2021 | 9.7% | £697pcm |
| May 2020 | 2.7% | £636pcm |
| May 2019 | 3% | £619pcm |
| May 2018 | 0.6% | £600pcm |
| May 2017 | -1% | £597pcm |
| May 2016 | 0.7% | £603pcm |
| May 2015 | 2.6% | £599pcm |
| May 2014 | 3.3% | £583pcm |
| May 2013 | -1.7% | £565pcm |
| May 2012 | 1.3% | £575pcm |
| May 2011 | 1.7% | £567pcm |
| May 2010 | 1.9% | £558pcm |
| May 2009 | -6% | £548pcm |
| May 2008 | 3.3% | £583pcm |
| May 2007 | 0% | £564pcm |
Explore Propertiesin 3, Penrose Terrace, Penzance, TR18 2HQ
Sales Historyin 3, Penrose Terrace, Penzance, TR18 2HQ
The last sale was on 18th October 2016 for £122,000 and since then the market in the area has increased by 31.8%. The building has had a total of 8 sales since 1995.
3, Penrose Terrace, Penzance, TR18 2HQ has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 3 Penrose Terrace
- 3 period flats built between 1800 and 1911
- period flat (3)
Energy Efficiencyof properties in 3 Penrose Terrace
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Saleson Penrose Terrace, Penzance, TR18
Schools Nearby
- 400mSt Mary's Catholic School, Penzance
- 1.0kmPensans Community Primary School
- 1.1kmSt Mary's CofE Primary School, Penzance
- 600mHumphry Davy School
- 1.8kmMounts Bay Academy
- 9.6kmSt Ives School
More reading links
Public Transport Nearby
The closest station to 3, Penrose Terrace, Penzance, TR18 2HQ is Penzance station, which is 100 metres away.
- 100mPenzance
- 8.3kmSt Erth
- 9.1kmLelant Saltings
- 9.6kmCarbis Bay
