Prospect Place - TR18 2PS
Key Street Insights
Prospect Place is a residential street with 42 addresses.
It ranks as the 462nd largest and 6th most expensive of the 533 streets in the TR18 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 42 properties: 42 flats.
- Ave. Sale Price
- £109,720
- 10 Year change
- up 31.6%
- Ave. Rental Price
- £623pcm
- 10 Year change
- up 56.7%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Street Insights
Prospect Place is a residential street with 42 addresses.
It ranks as the 462nd largest and 6th most expensive of the 533 streets in the TR18 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 42 properties: 42 flats.
- Ave. Sale Price
- £109,720
- 10 Year change
- up 31.6%
- Ave. Rental Price
- £623pcm
- 10 Year change
- up 56.7%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertieson Prospect Place, Penzance, TR18
- 1 Prospect Place
Flat
- 2 Prospect Place
3 Bed Mid-century Flat
- 3 Prospect Place
2 Bed Mid-century Flat
- 4 Prospect Place
2 Bed Early-century Flat
- 5 Prospect Place
2 Bed Mid-century Flat
Sales Market Trends
The last sale on Prospect Place sold for £117,500 on 30th May 2025. Since then prices are down an average of 3.4%.
The current average value in the street is £109,720.
The Prospect Place Sales Market has increased by 31.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £109,720 |
| June 2025 | -1.9% | £112,717 |
| June 2024 | 2.1% | £114,947 |
| June 2023 | -2.6% | £112,592 |
| June 2022 | 13.6% | £115,614 |
| June 2021 | 14.4% | £101,782 |
| June 2020 | 1.6% | £89,009 |
| June 2019 | -0.6% | £87,609 |
| June 2018 | 2.7% | £88,119 |
| June 2017 | 2.9% | £85,814 |
| June 2016 | 3.1% | £83,388 |
| June 2015 | 0.9% | £80,884 |
| June 2014 | 0.9% | £80,165 |
| June 2013 | 1% | £79,412 |
| June 2012 | -1% | £78,623 |
| June 2011 | -2.4% | £79,382 |
| June 2010 | 2.7% | £81,375 |
| June 2009 | -12% | £79,269 |
| June 2008 | -2.5% | £90,085 |
| June 2007 | 0% | £92,358 |
Rental Market Trends
The current average rental value in the street is £623.
The Prospect Place Rental Market has increased by 56.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £623pcm |
| June 2025 | 8.4% | £591pcm |
| June 2024 | 5.4% | £545pcm |
| June 2023 | 4.3% | £518pcm |
| June 2022 | 7.7% | £496pcm |
| June 2021 | 10.9% | £461pcm |
| June 2020 | 1.9% | £415pcm |
| June 2019 | 3.2% | £408pcm |
| June 2018 | 0.9% | £395pcm |
| June 2017 | -1.6% | £391pcm |
| June 2016 | 0.7% | £398pcm |
| June 2015 | 1.4% | £395pcm |
| June 2014 | 2.2% | £389pcm |
| June 2013 | -1.5% | £381pcm |
| June 2012 | 0.6% | £387pcm |
| June 2011 | 0.8% | £385pcm |
| June 2010 | 1.5% | £382pcm |
| June 2009 | -7.8% | £376pcm |
| June 2008 | 5.5% | £408pcm |
| June 2007 | 0% | £387pcm |
Sales History
The last sale was on 30th May 2025 for £117,500 and since then the market in the area has decreased by 3.4%. The street has had a total of 18 sales since 1995.
Prospect Place, Penzance, TR18 has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£117,500 | 2 Bed Flat5, Prospect Place, Penzance, TR18 2PS5, Prospect Place, Penzance, TR18 2PS
- Sold Feb 2025£122,000 | 2 Bed Flat3, Prospect Place, Penzance, TR18 2PS3, Prospect Place, Penzance, TR18 2PS
- Sold Dec 2024£100,000 | 2 Bed Flat7, Prospect Place, Penzance, TR18 2PS7, Prospect Place, Penzance, TR18 2PS
- Sold Sep 2020£120,000 | 2 Bed Flat19, Prospect Place, Penzance, TR18 2PS19, Prospect Place, Penzance, TR18 2PS
- Sold Aug 2020£90,000 | 2 Bed Flat11, Prospect Place, Penzance, TR18 2PS11, Prospect Place, Penzance, TR18 2PS
Top 3 Most Expensive Sales
- Sold Mar 2007£130,000 | 2 Bed Flat26, Prospect Place, Penzance, TR18 2PS26, Prospect Place, Penzance, TR18 2PS
- Sold Dec 2007£126,500 | 2 Bed Flat3, Prospect Place, Penzance, TR18 2PS3, Prospect Place, Penzance, TR18 2PS
- Sold May 2018£125,000 | 2 Bed Flat16, Prospect Place, Penzance, TR18 2PS16, Prospect Place, Penzance, TR18 2PS
Nearby Streets
Prospect Place, Penzance, TR18 is the 462nd largest and the 6th most expensive street in the TR18 area.
- Richmond Mews, Penzance, TR183 Addresses|33 m away
- Richmond Gardens, Penzance, TR182 Addresses|59 m away
- Tolver Road, Penzance, TR1843 Addresses|72 m away
- Bullock Market Terrace, Penzance, TR188 Addresses|76 m away
- Windsor Place, Penzance, TR184 Addresses|106 m away
- Tolver Place, Penzance, TR1838 Addresses|111 m away
Property Types
- 27 mid-century flats built between 1936 and 1979
- 7 early-century flats built between 1912 and 1935
- 8 other addresses of unknown type
- mid-century flat (27)
- early-century flat (7)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (1)
- F (0)
- C (22)
- G (1)
- D (6)
- No EPC (8)
Schools Nearby
- St Mary's Catholic School, Penzance500 m away
- Pensans Community Primary School600 m away
- St Mary's CofE Primary School, Penzance900 m away
- Humphry Davy School300 m away
- Mounts Bay Academy1.4 km away
- St Ives School9.8 km away
More reading links
Public Transport Nearby
The closest station to Prospect Place, Penzance, TR18 - TR18 2PS is Penzance station, which is 500 metres away.
- Penzance|500 m away
- St Erth|8.7 km away
- Lelant Saltings|9.5 km away
