Be the first Estate
Agent here!
7 Albert Street is a residential building situated on Albert Street, Penzance, TR18 with 2 addresses.
It ranks as the 238th largest and 356th 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.
7 Albert Street is a residential building situated on Albert Street, Penzance, TR18 with 2 addresses.
It ranks as the 238th largest and 356th 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 £173,959 for 2 bedroom leasehold flats (738 ft2) to £181,001 for 2 bedroom leasehold flats with a garden (796 ft2) .
Monthly rental prices range from £913 pcm for 2 bed flats to £913 pcm for 2 bed flats.
The gross rental yield is between 6.1% and 6.3%.
The average value per square foot is £231.
The last sale in 7 Albert Street sold for £100,000 on 14th May 2021. Since then prices are down an average of 0.0%.
The current average value in the building is £177,480.
The 7 Albert Street Sales Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £177,480 |
| May 2025 | -1.6% | £179,857 |
| May 2024 | 2.1% | £182,794 |
| May 2023 | -1% | £178,985 |
| May 2022 | 13.5% | £180,876 |
| May 2021 | 12.9% | £159,301 |
| May 2020 | 1.4% | £141,057 |
| May 2019 | -0.4% | £139,121 |
| May 2018 | 1.6% | £139,647 |
| May 2017 | 2.7% | £137,389 |
| May 2016 | 4.5% | £133,820 |
| May 2015 | 0.6% | £128,078 |
| May 2014 | 1.3% | £127,282 |
| May 2013 | 1% | £125,628 |
| May 2012 | -1.1% | £124,339 |
| May 2011 | -1.4% | £125,730 |
| May 2010 | 2.5% | £127,495 |
| May 2009 | -12% | £124,331 |
| May 2008 | -2.5% | £141,237 |
| May 2007 | 0% | £144,794 |
The current average rental value in the building is £913.
The 7 Albert Street Rental Market has increased by 56.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.4% | £913pcm |
| May 2025 | 8.7% | £866pcm |
| May 2024 | 5.8% | £797pcm |
| May 2023 | 4.3% | £753pcm |
| May 2022 | 7.5% | £722pcm |
| May 2021 | 10% | £671pcm |
| May 2020 | 2.5% | £610pcm |
| May 2019 | 3% | £595pcm |
| May 2018 | 0.5% | £578pcm |
| May 2017 | -1.3% | £575pcm |
| May 2016 | 0.8% | £582pcm |
| May 2015 | 1.9% | £578pcm |
| May 2014 | 2.4% | £567pcm |
| May 2013 | -1.5% | £554pcm |
| May 2012 | 0.7% | £562pcm |
| May 2011 | 1.4% | £558pcm |
| May 2010 | 1.2% | £551pcm |
| May 2009 | -6.5% | £544pcm |
| May 2008 | 3.8% | £582pcm |
| May 2007 | 0% | £561pcm |
The last sale was on 14th May 2021 for £100,000 and since then the market in the area has remained stable. The building has had a total of 3 sales since 1995.
7, Albert Street, Penzance, TR18 2LR has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 7, Albert Street, Penzance, TR18 2LR is Penzance station which is 100 metres away.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Albert Street, Penzance, TR18 2LR, 38.6% of property is privately owned outright and 27.4% is privately rented.
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 7, Albert Street, Penzance, TR18 2LR, 6.1% of residents are recorded as possessing school level qualifications and 22.2% 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 7, Albert Street, Penzance, TR18 2LR, 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 7, Albert Street, Penzance, TR18 2LR, 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 7, Albert Street, Penzance, TR18 2LR, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.