Penzance TerraceHouse Prices / South West, Cornwall
Key Street Insights
Penzance Terrace is a residential street with 4 addresses.
It ranks as the 73rd largest and 93rd most expensive of the 606 streets in the TR15 area. The dominant property type is a modern house built after 1980.
The street contains a total of 4 properties: 2 houses and 2 flats.
- Houses
- Flats
Key Street Insights
Penzance Terrace is a residential street with 4 addresses.
It ranks as the 73rd largest and 93rd most expensive of the 606 streets in the TR15 area. The dominant property type is a modern house built after 1980.
The street contains a total of 4 properties: 2 houses and 2 flats.
- Houses
- Flats
House Priceson Penzance Terrace
Sale prices range from £124,330 for 2 bedroom Leasehold flats (570 ft2) to £259,320 for 3 bedroom freehold houses with a garden (989 ft2) .
Monthly rental prices range from £755 pcm for 2 bed flats to £1,285 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 7.3%.
The average value per square foot is £240.
Sales Market Trendson Penzance Terrace
The last sale on Penzance Terrace sold for £174,950 on 21st August 2020. Since then prices are up an average of 24.8%.
The current average value in the street is £182,612.
The Penzance Terrace Sales Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.7% | £182,612 |
| May 2025 | 1.2% | £187,626 |
| May 2024 | -3.7% | £185,394 |
| May 2023 | 5% | £192,574 |
| May 2022 | 16.1% | £183,371 |
| May 2021 | 9.6% | £157,969 |
| May 2020 | 4.2% | £144,130 |
| May 2019 | 2.5% | £138,280 |
| May 2018 | 1.6% | £134,921 |
| May 2017 | 5.3% | £132,743 |
| May 2016 | 4.7% | £126,027 |
| May 2015 | -0.8% | £120,355 |
| May 2014 | 3.7% | £121,286 |
| May 2013 | -1.4% | £116,950 |
| May 2012 | -0.4% | £118,651 |
| May 2011 | 1% | £119,172 |
| May 2010 | 1.3% | £117,939 |
| May 2009 | -11.1% | £116,478 |
| May 2008 | 0.3% | £130,948 |
| May 2007 | 0% | £130,512 |
Rental Market Trendson Penzance Terrace
The current average rental value in the street is £991.
The Penzance Terrace Rental Market has increased by 63.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.7% | £991pcm |
| May 2025 | 9.6% | £946pcm |
| May 2024 | 5.2% | £863pcm |
| May 2023 | 4.6% | £821pcm |
| May 2022 | 9.1% | £785pcm |
| May 2021 | 11.4% | £719pcm |
| May 2020 | 1.7% | £646pcm |
| May 2019 | 3.6% | £634pcm |
| May 2018 | 1.6% | £613pcm |
| May 2017 | -0.3% | £603pcm |
| May 2016 | 0.8% | £605pcm |
| May 2015 | 2.1% | £600pcm |
| May 2014 | 2.3% | £587pcm |
| May 2013 | -0.9% | £574pcm |
| May 2012 | 0.9% | £580pcm |
| May 2011 | 2% | £575pcm |
| May 2010 | 2.6% | £564pcm |
| May 2009 | -7% | £549pcm |
| May 2008 | 3.8% | £590pcm |
| May 2007 | 0% | £569pcm |
Sales Historyon Penzance Terrace, Redruth, TR15
The last sale was on 21st August 2020 for £174,950 and since then the market in the area has increased by 24.8%. The street has had a total of 4 sales since 1995.
Penzance Terrace, Redruth, TR15 has seen no sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Penzance Terrace, Redruth, TR15
Nearby Streetsto Penzance Terrace, Redruth, TR15
Penzance Terrace, Redruth, TR15 is the 73rd largest and the 93rd most expensive street in the TR15 area.
- 36 mMiddle Road, Redruth Highway, Redruth, TR158 Addresses
- 46 mMount Pleasant, Redruth Highway, Redruth, TR1517 Addresses
- 65 mForthveor, Redruth Highway, Redruth, TR1515 Addresses
- 82 mElvan Mews, Redruth Highway, Redruth, TR1515 Addresses
- 102 mChapel Terrace, Redruth Highway, Redruth, TR154 Addresses
- 103 mAmbrose Court, Mount Ambrose, Redruth, TR1518 Addresses
Postcodeson Penzance Terrace, Redruth, TR15
There is 1 postcode on Penzance Terrace, Redruth, TR15.
- House prices in TR15 1RY4 Addresses
Property Typesin Penzance Terrace
- 2 modern houses built after 1980
- 2 modern flats built after 1980
- modern house (2)
- modern flat (2)
Energy Efficiencyof properties on Penzance Terrace
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (0)
- No EPC (0)
Schools Nearby
- 600mTreleigh Community Primary School
- 1.3kmPennoweth Primary School
- 2.0kmTrewirgie Junior School
- 2.2kmRedruth School
- 4.5kmPool Academy
- 7.9kmCamborne Science and International Academy
More reading links
Public Transport Nearby
The closest station to Penzance Terrace, Redruth, TR15 is Redruth station, which is 1.6 kilometres away.
- 1.6kmRedruth
- 7.1kmCamborne
- 7.8kmPerranwell
