Elms Close Terrace - TR18 5AU
Key Street Insights
Elms Close Terrace is a residential street with 18 addresses.
It ranks as the 298th largest and 529th most expensive of the 533 streets in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 18 properties: 13 houses and 5 flats.
- Ave. Sale Price
- £611,567
- 10 Year change
- up 39.4%
- Ave. Rental Price
- £1,508pcm
- 10 Year change
- up 66.3%
- Ave. £ per ft²
- £456/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Key Street Insights
Elms Close Terrace is a residential street with 18 addresses.
It ranks as the 298th largest and 529th most expensive of the 533 streets in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The street contains a total of 18 properties: 13 houses and 5 flats.
- Ave. Sale Price
- £611,567
- 10 Year change
- up 39.4%
- Ave. Rental Price
- £1,508pcm
- 10 Year change
- up 66.3%
- Ave. £ per ft²
- £456/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Explore Propertieson Elms Close Terrace, Newlyn, Penzance, TR18
- Frenchmans Watch
Unknown
- Maen Cottage
Unknown
- 1 Elms Close Terrace
Building  |  4 Flats
- 2 Elms Close Terrace
5 Bed Period House
- 3 Elms Close Terrace
4 Bed House
Sales Market Trends
The last sale on Elms Close Terrace sold for £785,000 on 9th February 2024. Since then prices are down an average of 3.9%.
The current average value in the street is £611,567.
The Elms Close Terrace Sales Market has increased by 39.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £611,567 |
| June 2025 | -2.6% | £630,460 |
| June 2024 | 2% | £647,563 |
| June 2023 | -2.2% | £634,883 |
| June 2022 | 14.9% | £648,846 |
| June 2021 | 16.4% | £564,587 |
| June 2020 | 1.2% | £485,236 |
| June 2019 | 0.5% | £479,281 |
| June 2018 | 4% | £476,928 |
| June 2017 | 4.5% | £458,686 |
| June 2016 | 4% | £438,816 |
| June 2015 | 1.6% | £421,948 |
| June 2014 | 1.6% | £415,478 |
| June 2013 | 1.6% | £409,081 |
| June 2012 | -0.4% | £402,803 |
| June 2011 | -0.9% | £404,452 |
| June 2010 | 5.1% | £408,049 |
| June 2009 | -10.3% | £388,396 |
| June 2008 | -3.4% | £432,880 |
| June 2007 | 0% | £448,218 |
Rental Market Trends
The current average rental value in the street is £1,508.
The Elms Close Terrace Rental Market has increased by 66.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,508pcm |
| June 2025 | 7.7% | £1,435pcm |
| June 2024 | 5.4% | £1,333pcm |
| June 2023 | 4.7% | £1,265pcm |
| June 2022 | 9% | £1,208pcm |
| June 2021 | 13% | £1,108pcm |
| June 2020 | 1.4% | £980pcm |
| June 2019 | 4.3% | £966pcm |
| June 2018 | 2.1% | £926pcm |
| June 2017 | 0.1% | £908pcm |
| June 2016 | 1.6% | £907pcm |
| June 2015 | 1.9% | £893pcm |
| June 2014 | 2.8% | £876pcm |
| June 2013 | -1% | £852pcm |
| June 2012 | 1.2% | £861pcm |
| June 2011 | 2.3% | £850pcm |
| June 2010 | 3.8% | £831pcm |
| June 2009 | -6% | £800pcm |
| June 2008 | 4.3% | £851pcm |
| June 2007 | 0% | £816pcm |
Sales History
The last sale was on 9th February 2024 for £785,000 and since then the market in the area has decreased by 3.9%. The street has had a total of 12 sales since 1995.
Elms Close Terrace, Newlyn, Penzance, TR18 has seen 1 sale in the last three years and no sales in the last twelve months.
- 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 Jun 2017£260,000 | 2 Bed FlatChyveneth, 8, Elms Close Terrace, Penzance, TR18 5AUChyveneth, 8, Elms Close Terrace, Penzance, TR18 5AU
- Sold Apr 2016£129,000 | 2 Bed House1A, Elms Close Terrace, Penzance, TR18 5AU1A, Elms Close Terrace, Penzance, TR18 5AU
- Sold Sep 2008£285,000 | 4 Bed House3, Elms Close Terrace, Penzance, TR18 5AU3, Elms Close Terrace, Penzance, TR18 5AU
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
Nearby Streets
Elms Close Terrace, Newlyn, Penzance, TR18 is the 298th largest and the 529th most expensive street in the TR18 area.
- Chywoone Hill, Newlyn, Penzance, TR1857 Addresses|58 m away
- Mount View Terrace, Newlyn, Penzance, TR186 Addresses|63 m away
- Gurnick Estate, Newlyn, Penzance, TR1817 Addresses|88 m away
- Malt House Gardens, Newlyn, Penzance, TR187 Addresses|105 m away
- Antoine Terrace, Newlyn, Penzance, TR185 Addresses|112 m away
- Kenstella Road, Newlyn, Penzance, TR1841 Addresses|121 m away
Property Types
- 3 period houses built between 1800 and 1911
- 2 houses of an unknown age
- 13 other addresses of unknown type
- period house (3)
- house (2)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (2)
- G (0)
- D (3)
- No EPC (11)
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 Elms Close Terrace, Newlyn, Penzance, TR18 - 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
