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Penmare Terrace is a residential street with 19 addresses.
It ranks as the 222nd largest and 150th most expensive of the 378 streets in the TR27 area. The dominant property type is a modern house built after 1980.
The street contains a total of 19 properties: 17 houses and 2 flats.
Penmare Terrace is a residential street with 19 addresses.
It ranks as the 222nd largest and 150th most expensive of the 378 streets in the TR27 area. The dominant property type is a modern house built after 1980.
The street contains a total of 19 properties: 17 houses and 2 flats.
Sale prices range from £112,939 for 2 bedroom leasehold flats (592 ft2) to £585,034 for 5 bedroom leasehold houses with a garden (3,110 ft2) .
Monthly rental prices range from £679 pcm for 2 bed flats to £1,789 pcm for 5 bed houses.
The gross rental yield is between 3.7% and 7.2%.
The average value per square foot is £266.
The last sale on Penmare Terrace sold for £285,000 on 12th August 2024. Since then prices are down an average of 4.6%.
The current average value in the street is £274,710.
The Penmare Terrace Sales Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.5% | £274,710 |
| May 2025 | -3.6% | £281,839 |
| May 2024 | -1.6% | £292,488 |
| May 2023 | -3.2% | £297,097 |
| May 2022 | 15.2% | £306,816 |
| May 2021 | 17.3% | £266,354 |
| May 2020 | 0.9% | £227,063 |
| May 2019 | 2.2% | £224,993 |
| May 2018 | 1.6% | £220,207 |
| May 2017 | 6.2% | £216,845 |
| May 2016 | -0.6% | £204,183 |
| May 2015 | 7% | £205,406 |
| May 2014 | -0.1% | £191,902 |
| May 2013 | 4.3% | £192,063 |
| May 2012 | -1.1% | £184,076 |
| May 2011 | 0.4% | £186,075 |
| May 2010 | 5.9% | £185,418 |
| May 2009 | -12% | £175,009 |
| May 2008 | -1.8% | £198,826 |
| May 2007 | 0% | £202,386 |
The current average rental value in the street is £1,276.
The Penmare Terrace Rental Market has increased by 68.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.1% | £1,276pcm |
| May 2025 | 8.6% | £1,226pcm |
| May 2024 | 5.7% | £1,129pcm |
| May 2023 | 4.7% | £1,068pcm |
| May 2022 | 9.9% | £1,020pcm |
| May 2021 | 12.7% | £928pcm |
| May 2020 | 1.7% | £823pcm |
| May 2019 | 4.6% | £810pcm |
| May 2018 | 2% | £774pcm |
| May 2017 | 0.3% | £759pcm |
| May 2016 | 1.6% | £756pcm |
| May 2015 | 2% | £745pcm |
| May 2014 | 2.4% | £730pcm |
| May 2013 | -0.7% | £713pcm |
| May 2012 | 1.1% | £717pcm |
| May 2011 | 3.2% | £710pcm |
| May 2010 | 3.5% | £687pcm |
| May 2009 | -5.4% | £664pcm |
| May 2008 | 3% | £702pcm |
| May 2007 | 0% | £682pcm |
The last sale was on 12th August 2024 for £285,000 and since then the market in the area has decreased by 4.6%. The street has had a total of 24 sales since 1995.
Penmare Terrace, Hayle, TR27 has seen 1 sale in the last three years and no sales in the last twelve months.
Penmare Terrace, Hayle, TR27 is the 222nd largest and the 150th most expensive street in the TR27 area.
There is 1 postcode on Penmare Terrace, Hayle, TR27.
The closest station to Penmare Terrace, Hayle, TR27 is Hayle station which is 1.6 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Penmare Terrace, Hayle, TR27, 60.3% of property is privately owned outright and 21.2% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Penmare Terrace, Hayle, TR27, 15.1% of residents are recorded as possessing school level qualifications and 25.6% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Penmare Terrace, Hayle, TR27, the average age was 44.4 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Penmare Terrace, Hayle, TR27, 0.3% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Penmare Terrace, Hayle, TR27, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.