8, Elms Close Terrace - TR18 5AU
Key Building Insights
8, Elms Close Terrace is a residential building situated on Elms Close Terrace, Newlyn, Penzance, TR18 with 2 addresses.
It ranks as the 256th largest and 488th most expensive of the 695 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 2 properties: 2 flats.
- Ave. Sale Price
- £244,000
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £826pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Building Insights
8, Elms Close Terrace is a residential building situated on Elms Close Terrace, Newlyn, Penzance, TR18 with 2 addresses.
It ranks as the 256th largest and 488th most expensive of the 695 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 2 properties: 2 flats.
- Ave. Sale Price
- £244,000
- 10 Year change
- up 32.2%
- Ave. Rental Price
- £826pcm
- 10 Year change
- up 57.7%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Sales Market Trends
The last sale in 8, Elms Close Terrace sold for £260,000 on 14th June 2017. Since then prices are up an average of 28.6%.
The current average value in the building is £244,000.
The 8, Elms Close Terrace Sales Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £244,000 |
| June 2025 | -2.6% | £249,223 |
| June 2024 | 2% | £255,784 |
| June 2023 | -2.3% | £250,764 |
| June 2022 | 13.4% | £256,587 |
| June 2021 | 13.8% | £226,365 |
| June 2020 | 2% | £198,957 |
| June 2019 | -0.1% | £195,148 |
| June 2018 | 3% | £195,428 |
| June 2017 | 2.8% | £189,764 |
| June 2016 | 3.6% | £184,637 |
| June 2015 | 1.4% | £178,136 |
| June 2014 | 1.4% | £175,673 |
| June 2013 | 1% | £173,253 |
| June 2012 | -0.8% | £171,500 |
| June 2011 | -2.2% | £172,852 |
| June 2010 | 2.9% | £176,771 |
| June 2009 | -11% | £171,727 |
| June 2008 | -2.7% | £192,961 |
| June 2007 | 0% | £198,409 |
Rental Market Trends
The current average rental value in the building is £826.
The 8, Elms Close Terrace Rental Market has increased by 57.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6% | £826pcm |
| June 2025 | 7.7% | £779pcm |
| June 2024 | 5.4% | £723pcm |
| June 2023 | 4.6% | £686pcm |
| June 2022 | 7.5% | £656pcm |
| June 2021 | 10.5% | £610pcm |
| June 2020 | 2.2% | £552pcm |
| June 2019 | 3.7% | £540pcm |
| June 2018 | 1.1% | £521pcm |
| June 2017 | -1.6% | £516pcm |
| June 2016 | 1.3% | £524pcm |
| June 2015 | 1.7% | £518pcm |
| June 2014 | 2.6% | £509pcm |
| June 2013 | -1.5% | £496pcm |
| June 2012 | 0.9% | £503pcm |
| June 2011 | 0.9% | £499pcm |
| June 2010 | 1.7% | £494pcm |
| June 2009 | -6.8% | £486pcm |
| June 2008 | 5% | £521pcm |
| June 2007 | 0% | £496pcm |
Sales History
The last sale was on 14th June 2017 for £260,000 and since then the market in the area has increased by 28.6%. The building has had a total of 1 sales since 1995.
8, Elms Close Terrace, Newlyn, Penzance, TR18 5AU has seen no sales in the last three years and no sales in the last twelve months.
Property Types
- 1 period flat built between 1800 and 1911
- 1 other address of unknown type
- period flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Feb 2024£785,000 | 5 Bed House4, Elms Close Terrace, Penzance, TR18 5AU4, Elms Close Terrace, Penzance, TR18 5AU
- Sold May 2021£475,000 | 5 Bed House11, Elms Close Terrace, Penzance, TR18 5AU11, Elms Close Terrace, Penzance, TR18 5AU
- Sold Apr 2008£292,500 | 4 Bed House9, Elms Close Terrace, Penzance, TR18 5AU9, Elms Close Terrace, Penzance, TR18 5AU
Schools Nearby
- Newlyn School600 m away
- Alverton Primary School1.2 km away
- St Mary's CofE Primary School, Penzance1.5 km away
- Humphry Davy School2.5 km away
- Mounts Bay Academy2.8 km away
- Cape Cornwall School10.0 km away
More reading links
Public Transport Nearby
The closest station to 8, Elms Close Terrace, Newlyn, Penzance, TR18 5AU is Penzance station, which is 2.5 kilometres away.
- Penzance|2.5 km away
- St Erth|10.7 km away
- Lelant Saltings|11.6 km away
- Carbis Bay|12.2 km away
