5, Penare Road - TR18 3AJ
Key Building Insights
5, Penare Road is a residential building situated on Penare Road, Penzance, TR18 with 9 addresses.
It ranks as the 649th largest and 8th most expensive of the 696 buildings in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 9 properties: 8 flats and 1 other property.
- Ave. Sale Price
- £88,592
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £537pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £294/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Building Insights
5, Penare Road is a residential building situated on Penare Road, Penzance, TR18 with 9 addresses.
It ranks as the 649th largest and 8th most expensive of the 696 buildings in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 9 properties: 8 flats and 1 other property.
- Ave. Sale Price
- £88,592
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £537pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £294/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Properties on Penare Road, Penzance, TR18
- Flat 1, 5 Penare Road
1 Bed Period Flat
- Flat 2, 5 Penare Road
1 Bed Period Flat
- Flat 3, 5 Penare Road
1 Bed Period Flat
- Flat 4, 5 Penare Road
1 Bed Period Flat
- Flat 5, 5 Penare Road
1 Bed Period Flat
Sales Market Trends
The last sale in 5, Penare Road sold for £80,000 on 29th March 2021. Since then prices are up an average of 12.9%.
The current average value in the building is £88,592.
The 5, Penare Road Sales Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -4.2% | £88,592 |
| July 2025 | -1.9% | £92,445 |
| July 2024 | 2% | £94,253 |
| July 2023 | -3.7% | £92,377 |
| July 2022 | 13.7% | £95,934 |
| July 2021 | 14.7% | £84,386 |
| July 2020 | 2.5% | £73,592 |
| July 2019 | -0.8% | £71,810 |
| July 2018 | 3.6% | £72,372 |
| July 2017 | 3% | £69,851 |
| July 2016 | 2% | £67,845 |
| July 2015 | 1.8% | £66,483 |
| July 2014 | 0.3% | £65,321 |
| July 2013 | 1.1% | £65,096 |
| July 2012 | -0.9% | £64,390 |
| July 2011 | -3.6% | £64,968 |
| July 2010 | 2.9% | £67,371 |
| July 2009 | -12% | £65,448 |
| July 2008 | -3.2% | £74,382 |
| July 2007 | 0% | £76,868 |
Rental Market Trends
The current average rental value in the building is £537.
The 5, Penare Road Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.1% | £537pcm |
| July 2025 | 6% | £521pcm |
| July 2024 | 4.9% | £492pcm |
| July 2023 | 4.5% | £469pcm |
| July 2022 | 10.2% | £449pcm |
| July 2021 | 7% | £407pcm |
| July 2020 | 2.6% | £380pcm |
| July 2019 | 3.2% | £371pcm |
| July 2018 | 0.1% | £359pcm |
| July 2017 | -0.8% | £359pcm |
| July 2016 | 0.4% | £362pcm |
| July 2015 | 0.7% | £361pcm |
| July 2014 | 1.8% | £358pcm |
| July 2013 | -0.8% | £352pcm |
| July 2012 | 0.1% | £355pcm |
| July 2011 | 0.6% | £354pcm |
| July 2010 | 1% | £352pcm |
| July 2009 | -8.8% | £349pcm |
| July 2008 | 5.2% | £382pcm |
| July 2007 | 0% | £364pcm |
Sales History
The last recorded sale was on 29th March 2021 for £80,000 and since then the market in the area has increased by 12.9%.
5, Penare Road, Penzance, TR18 3AJ has had 3 sales since 1995, none of them in the last three years.
- Sold Mar 2021£80,000 | 1 Bed FlatFlat 1, 5, Penare Road, Penzance, TR18 3AJFlat 1, 5, Penare Road, Penzance, TR18 3AJ
- Sold Apr 2017£85,000 | 1 Bed FlatFlat 3, 5, Penare Road, Penzance, TR18 3AJFlat 3, 5, Penare Road, Penzance, TR18 3AJ
- Sold Jun 2016£68,000 | 1 Bed FlatFlat 7, 5, Penare Road, Penzance, TR18 3AJFlat 7, 5, Penare Road, Penzance, TR18 3AJ
Property Types
- 8 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (8)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (3)
- No EPC (1)
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 5, 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
