7 Penare TerraceHouse Prices / South West, Cornwall, Penare Terrace, TR18 2DT
Key Building Insights
7 Penare Terrace is a residential building situated on Penare Terrace, Penzance, TR18 with 2 addresses.
It ranks as the 243rd largest and 432nd 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.
- Flats
Key Building Insights
7 Penare Terrace is a residential building situated on Penare Terrace, Penzance, TR18 with 2 addresses.
It ranks as the 243rd largest and 432nd 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.
- Flats
House Pricesin 7 Penare Terrace
Sale prices range from £172,152 for 2 bedroom leasehold flats (538 ft2) to £268,003 for 3 bedroom leasehold flats with a garden (1,237 ft2) .
Monthly rental prices range from £894 pcm for 2 bed flats to £1,085 pcm for 3 bed flats.
The gross rental yield is between 4.9% and 6.2%.
The average value per square foot is £268.
Sales Market Trendsin 7 Penare Terrace
The last sale in 7 Penare Terrace sold for £350,000 on 5th July 2024. Since then prices are down an average of 4.0%.
The current average value in the building is £220,077.
The 7 Penare Terrace Sales Market has increased by 31.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £220,077 |
| May 2025 | -2.6% | £222,617 |
| May 2024 | 2.5% | £228,648 |
| May 2023 | -0.8% | £223,136 |
| May 2022 | 12.7% | £224,902 |
| May 2021 | 12.6% | £199,510 |
| May 2020 | 1.6% | £177,210 |
| May 2019 | -0.3% | £174,386 |
| May 2018 | 1.7% | £174,973 |
| May 2017 | 2.9% | £172,024 |
| May 2016 | 4.4% | £167,188 |
| May 2015 | 1.4% | £160,170 |
| May 2014 | 2.1% | £157,907 |
| May 2013 | 0.9% | £154,602 |
| May 2012 | -0.6% | £153,230 |
| May 2011 | -1% | £154,105 |
| May 2010 | 3.3% | £155,736 |
| May 2009 | -11.5% | £150,824 |
| May 2008 | -2.9% | £170,402 |
| May 2007 | 0% | £175,422 |
Rental Market Trendsin 7 Penare Terrace
The current average rental value in the building is £990.
The 7 Penare Terrace Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.6% | £990pcm |
| May 2025 | 7.6% | £937pcm |
| May 2024 | 6.2% | £871pcm |
| May 2023 | 4.6% | £821pcm |
| May 2022 | 6.7% | £785pcm |
| May 2021 | 9.7% | £735pcm |
| May 2020 | 2.7% | £670pcm |
| May 2019 | 3% | £652pcm |
| May 2018 | 0.6% | £633pcm |
| May 2017 | -1% | £629pcm |
| May 2016 | 0.7% | £636pcm |
| May 2015 | 2.6% | £631pcm |
| May 2014 | 3.3% | £615pcm |
| May 2013 | -1.7% | £596pcm |
| May 2012 | 1.3% | £606pcm |
| May 2011 | 1.7% | £598pcm |
| May 2010 | 1.9% | £588pcm |
| May 2009 | -6% | £577pcm |
| May 2008 | 3.3% | £614pcm |
| May 2007 | 0% | £594pcm |
Explore Propertiesin 7, Penare Terrace, Penzance, TR18 2DT
Sales Historyin 7, Penare Terrace, Penzance, TR18 2DT
The last sale was on 5th July 2024 for £350,000 and since then the market in the area has decreased by 4.0%. The building has had a total of 2 sales since 1995.
7, Penare Terrace, Penzance, TR18 2DT has seen 1 sale in the last three years and no sales in the last twelve months.
Property Typesin 7 Penare Terrace
- 2 period flats built between 1800 and 1911
- period flat (2)
Energy Efficiencyof properties in 7 Penare Terrace
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Saleson Penare Terrace, Penzance, TR18
Schools Nearby
- 200mSt Mary's Catholic School, Penzance
- 800mPensans Community Primary School
- 1.1kmSt Mary's CofE Primary School, Penzance
- 300mHumphry Davy School
- 1.5kmMounts Bay Academy
- 9.5kmSt Ives School
More reading links
Public Transport Nearby
The closest station to 7, Penare Terrace, Penzance, TR18 2DT is Penzance station, which is 400 metres away.
- 400mPenzance
- 8.4kmSt Erth
- 9.2kmLelant Saltings
- 9.6kmCarbis Bay
