Exchange Building, New Street - TR18 2LZ
Key Building Insights
Exchange Building, New Street is a residential building situated on New Street, Penzance, TR18 with 5 addresses.
It ranks as the 560th largest and 670th most expensive of the 695 buildings in the TR18 area. The most common property type is a early-century flat built between 1912 and 1935.
The building contains a total of 5 properties: 5 flats.
- Ave. Sale Price
- £528,636
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £1,301pcm
- 10 Year change
- up 55.8%
- Ave. £ per ft²
- £203/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Key Building Insights
Exchange Building, New Street is a residential building situated on New Street, Penzance, TR18 with 5 addresses.
It ranks as the 560th largest and 670th most expensive of the 695 buildings in the TR18 area. The most common property type is a early-century flat built between 1912 and 1935.
The building contains a total of 5 properties: 5 flats.
- Ave. Sale Price
- £528,636
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £1,301pcm
- 10 Year change
- up 55.8%
- Ave. £ per ft²
- £203/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Explore Propertieson New Street, Penzance, TR18
- Apartment 1, Exchange Building 43-44 New Street
4 Bed Early-century Flat
- Apartment 2, Exchange Building 43-44 New Street
4 Bed Early-century Flat
- Apartment 3, Exchange Building 43-44 New Street
4 Bed Early-century Flat
Sales Market Trends
The last sale in Exchange Building, New Street sold for £570,000 on 26th November 2021. Since then prices are up an average of 3.1%.
The current average value in the building is £528,636.
The Exchange Building, New Street Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £528,636 |
| June 2025 | -3.6% | £540,057 |
| June 2024 | 2.4% | £560,335 |
| June 2023 | -1.9% | £547,368 |
| June 2022 | 12.4% | £557,768 |
| June 2021 | 13.5% | £496,141 |
| June 2020 | 1.8% | £436,961 |
| June 2019 | -0.1% | £429,079 |
| June 2018 | 2.7% | £429,558 |
| June 2017 | 3.5% | £418,142 |
| June 2016 | 3% | £404,182 |
| June 2015 | 1.8% | £392,477 |
| June 2014 | 3% | £385,351 |
| June 2013 | 0.5% | £374,302 |
| June 2012 | 0.4% | £372,522 |
| June 2011 | -1.7% | £370,861 |
| June 2010 | 4.2% | £377,447 |
| June 2009 | -10.8% | £362,372 |
| June 2008 | -3.9% | £406,133 |
| June 2007 | 0% | £422,530 |
Rental Market Trends
The current average rental value in the building is £1,301.
The Exchange Building, New Street Rental Market has increased by 55.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6% | £1,301pcm |
| June 2025 | 6.5% | £1,228pcm |
| June 2024 | 5.7% | £1,152pcm |
| June 2023 | 5.1% | £1,091pcm |
| June 2022 | 6.6% | £1,038pcm |
| June 2021 | 10.1% | £973pcm |
| June 2020 | 2.1% | £884pcm |
| June 2019 | 3.7% | £865pcm |
| June 2018 | 0.9% | £834pcm |
| June 2017 | -1% | £827pcm |
| June 2016 | 0.6% | £835pcm |
| June 2015 | 2.3% | £830pcm |
| June 2014 | 4.2% | £811pcm |
| June 2013 | -2% | £779pcm |
| June 2012 | 2% | £795pcm |
| June 2011 | 1.5% | £779pcm |
| June 2010 | 3% | £768pcm |
| June 2009 | -6.5% | £746pcm |
| June 2008 | 3.9% | £797pcm |
| June 2007 | 0% | £767pcm |
Sales History
The last sale was on 26th November 2021 for £570,000 and since then the market in the area has increased by 3.1%. The building has had a total of 5 sales since 1995.
Exchange Building, New Street, Penzance, TR18 2LZ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2021£570,000 | 4 Bed FlatApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Nov 2009£430,000 | 4 Bed FlatApartment 3, Exchange Building 43-44, New Street, Penzance, TR18 2LZApartment 3, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Apr 2003£145,600 | 4 Bed FlatApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Mar 2003£160,000 | 4 Bed FlatApartment 1, Exchange Building 43-44, New Street, Penzance, TR18 2LZApartment 1, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Aug 2001£100,000 | 4 Bed FlatApartment 3, Exchange Building 43-44, New Street, Penzance, TR18 2LZApartment 3, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
Property Types
- 3 early-century flats built between 1912 and 1935
- 2 other addresses of unknown type
- early-century flat (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (1)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2021£570,000 | 4 Bed FlatApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZApartment 2, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Nov 2009£430,000 | 4 Bed FlatApartment 3, Exchange Building 43-44, New Street, Penzance, TR18 2LZApartment 3, Exchange Building 43-44, New Street, Penzance, TR18 2LZ
- Sold Feb 2023£335,000 | 2 Bed House38, New Street, Penzance, TR18 2NA38, New Street, Penzance, TR18 2NA
Schools Nearby
- St Mary's CofE Primary School, Penzance600 m away
- St Mary's Catholic School, Penzance800 m away
- Alverton Primary School1.0 km away
- Humphry Davy School800 m away
- Mounts Bay Academy1.8 km away
- St Ives School10.1 km away
More reading links
Public Transport Nearby
The closest station to Exchange Building, New Street, Penzance, TR18 2LZ is Penzance station, which is 400 metres away.
- Penzance|400 m away
- St Erth|8.7 km away
- Lelant Saltings|9.5 km away
- Carbis Bay|10.1 km away
