Melbourne Terrace - TR18 3EZ
Key Street Insights
Melbourne Terrace is a residential street with 7 addresses.
It ranks as the 130th largest and 207th most expensive of the 533 streets in the TR18 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 7 properties: 5 houses and 2 flats.
- Ave. Sale Price
- £215,967
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £1,057pcm
- 10 Year change
- up 64.2%
- Ave. £ per ft²
- £293/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Street Insights
Melbourne Terrace is a residential street with 7 addresses.
It ranks as the 130th largest and 207th most expensive of the 533 streets in the TR18 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 7 properties: 5 houses and 2 flats.
- Ave. Sale Price
- £215,967
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £1,057pcm
- 10 Year change
- up 64.2%
- Ave. £ per ft²
- £293/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertieson Melbourne Terrace, Heamoor, Penzance, TR18
- 1 Melbourne Terrace
2 Bed Mid-century Flat
- 2 Melbourne Terrace
Unknown
- 3 Melbourne Terrace
3 Bed Mid-century House
- 4 Melbourne Terrace
Unknown
- 5 Melbourne Terrace
3 Bed Mid-century House
Sales Market Trends
The last sale on Melbourne Terrace sold for £178,000 on 19th May 2020. Since then prices are up an average of 29.0%.
The current average value in the street is £215,967.
The Melbourne Terrace Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £215,967 |
| June 2025 | -1.5% | £221,695 |
| June 2024 | 1.7% | £225,082 |
| June 2023 | -2.4% | £221,413 |
| June 2022 | 14.9% | £226,865 |
| June 2021 | 15.7% | £197,420 |
| June 2020 | 1.2% | £170,587 |
| June 2019 | -0.2% | £168,625 |
| June 2018 | 3.7% | £168,998 |
| June 2017 | 4% | £162,924 |
| June 2016 | 3.2% | £156,729 |
| June 2015 | 1.3% | £151,820 |
| June 2014 | 1.2% | £149,858 |
| June 2013 | 1.6% | £148,036 |
| June 2012 | -0.6% | £145,719 |
| June 2011 | -2% | £146,574 |
| June 2010 | 4.5% | £149,494 |
| June 2009 | -12.5% | £143,081 |
| June 2008 | -2.7% | £163,447 |
| June 2007 | 0% | £168,025 |
Rental Market Trends
The current average rental value in the street is £1,057.
The Melbourne Terrace Rental Market has increased by 64.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.5% | £1,057pcm |
| June 2025 | 8.9% | £1,002pcm |
| June 2024 | 5% | £920pcm |
| June 2023 | 4.5% | £877pcm |
| June 2022 | 9% | £839pcm |
| June 2021 | 12.3% | £770pcm |
| June 2020 | 1.4% | £686pcm |
| June 2019 | 3.6% | £676pcm |
| June 2018 | 1.9% | £652pcm |
| June 2017 | -0.5% | £640pcm |
| June 2016 | 0.9% | £644pcm |
| June 2015 | 1.7% | £638pcm |
| June 2014 | 2.5% | £628pcm |
| June 2013 | -1% | £612pcm |
| June 2012 | 1% | £618pcm |
| June 2011 | 1.3% | £612pcm |
| June 2010 | 3.3% | £605pcm |
| June 2009 | -8.3% | £585pcm |
| June 2008 | 5.1% | £638pcm |
| June 2007 | 0% | £607pcm |
Sales History
The last sale was on 19th May 2020 for £178,000 and since then the market in the area has increased by 29.0%. The street has had a total of 8 sales since 1995.
Melbourne Terrace, Heamoor, Penzance, TR18 has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2020£178,000 | 3 Bed House3, Melbourne Terrace, Penzance, TR18 3EZ3, Melbourne Terrace, Penzance, TR18 3EZ
- Sold Nov 2019£180,000 | 3 Bed House6, Melbourne Terrace, Penzance, TR18 3EZ6, Melbourne Terrace, Penzance, TR18 3EZ
- Sold Jul 2016£184,000 | 3 Bed House5, Melbourne Terrace, Penzance, TR18 3EZ5, Melbourne Terrace, Penzance, TR18 3EZ
- Sold Oct 2009£154,000 | 3 Bed House5, Melbourne Terrace, Penzance, TR18 3EZ5, Melbourne Terrace, Penzance, TR18 3EZ
- Sold Nov 2003£119,000 | 3 Bed House5, Melbourne Terrace, Penzance, TR18 3EZ5, Melbourne Terrace, Penzance, TR18 3EZ
Top 3 Most Expensive Sales
- Sold Jul 2016£184,000 | 3 Bed House5, Melbourne Terrace, Penzance, TR18 3EZ5, Melbourne Terrace, Penzance, TR18 3EZ
- Sold Nov 2019£180,000 | 3 Bed House6, Melbourne Terrace, Penzance, TR18 3EZ6, Melbourne Terrace, Penzance, TR18 3EZ
- Sold May 2020£178,000 | 3 Bed House3, Melbourne Terrace, Penzance, TR18 3EZ3, Melbourne Terrace, Penzance, TR18 3EZ
Nearby Streets
Melbourne Terrace, Heamoor, Penzance, TR18 is the 130th largest and the 207th most expensive street in the TR18 area.
- Nevada Place, Heamoor, Penzance, TR1810 Addresses|40 m away
- Richmond Street, Heamoor, Penzance, TR1868 Addresses|51 m away
- Reens Road, Heamoor, Penzance, TR1815 Addresses|59 m away
- Hea Road, Heamoor, Penzance, TR1813 Addresses|61 m away
- Nevada Street, Heamoor, Penzance, TR1821 Addresses|62 m away
- Hea Close, Heamoor, Penzance, TR189 Addresses|63 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 1 mid-century flat built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (3)
- mid-century flat (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (3)
Schools Nearby
- Pensans Community Primary School400 m away
- Heamoor Community Primary School700 m away
- St Mary's Catholic School, Penzance900 m away
- Mounts Bay Academy500 m away
- Humphry Davy School700 m away
- St Ives School9.6 km away
More reading links
Public Transport Nearby
The closest station to Melbourne Terrace, Heamoor, Penzance, TR18 - TR18 3EZ is Penzance station, which is 1.4 kilometres away.
- Penzance|1.4 km away
- St Erth|8.9 km away
- Lelant Saltings|9.6 km away
