Key Street Insights
Promenade is a residential street with 34 addresses.
It ranks as the 423rd largest and 43rd most expensive of the 533 streets in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The street contains a total of 34 properties: 1 house, 30 flats and 3 other properties.
- Ave. Sale Price
- £181,282
- 10 Year change
- up 32.1%
- Ave. Rental Price
- £809pcm
- 10 Year change
- up 50.0%
- Ave. £ per ft²
- £273/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Street Insights
Promenade is a residential street with 34 addresses.
It ranks as the 423rd largest and 43rd most expensive of the 533 streets in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The street contains a total of 34 properties: 1 house, 30 flats and 3 other properties.
- Ave. Sale Price
- £181,282
- 10 Year change
- up 32.1%
- Ave. Rental Price
- £809pcm
- 10 Year change
- up 50.0%
- Ave. £ per ft²
- £273/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Properties on Promenade, Penzance, TR18
- The Cottage
2 Bed Period House
- The Coffee Pot
Building | 2 Flats
- The Guest Lodge
Flat
- The Mission
Period Building | 14 Units
- The Pavilions
Period Building | 11 Units
Sales Market Trends
The last sale on Promenade sold for £399,000 on 18th December 2024. Since then prices are down an average of 4.4%.
The current average value in the street is £181,282.
The Promenade Sales Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.9% | £181,282 |
| July 2025 | -3% | £186,687 |
| July 2024 | 1.9% | £192,541 |
| July 2023 | -3.2% | £189,021 |
| July 2022 | 13.3% | £195,238 |
| July 2021 | 14.6% | £172,368 |
| July 2020 | 2.6% | £150,405 |
| July 2019 | -0.6% | £146,651 |
| July 2018 | 3.9% | £147,511 |
| July 2017 | 3.5% | £142,000 |
| July 2016 | 2.3% | £137,259 |
| July 2015 | 2.3% | £134,119 |
| July 2014 | 1.3% | £131,132 |
| July 2013 | 1.2% | £129,484 |
| July 2012 | -0.3% | £127,971 |
| July 2011 | -3% | £128,401 |
| July 2010 | 4.1% | £132,363 |
| July 2009 | -11.2% | £127,186 |
| July 2008 | -3.6% | £143,166 |
| July 2007 | 0% | £148,534 |
Rental Market Trends
The current average rental value in the street is £809.
The Promenade Rental Market has increased by 50.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4.4% | £809pcm |
| July 2025 | 4.8% | £775pcm |
| July 2024 | 4.7% | £739pcm |
| July 2023 | 5.1% | £706pcm |
| July 2022 | 9.8% | £672pcm |
| July 2021 | 7% | £612pcm |
| July 2020 | 2.7% | £573pcm |
| July 2019 | 3.4% | £558pcm |
| July 2018 | 0.3% | £539pcm |
| July 2017 | -0.3% | £538pcm |
| July 2016 | 0.6% | £539pcm |
| July 2015 | 1.3% | £536pcm |
| July 2014 | 2.7% | £529pcm |
| July 2013 | -0.7% | £515pcm |
| July 2012 | 0.6% | £519pcm |
| July 2011 | 1.3% | £516pcm |
| July 2010 | 2.1% | £509pcm |
| July 2009 | -7.9% | £499pcm |
| July 2008 | 4.8% | £542pcm |
| July 2007 | 0% | £517pcm |
Sales History
The last recorded sale was on 18th December 2024 for £399,000 and since then the market in the area has decreased by 4.4%.
Promenade, Penzance, TR18 has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Dec 2024£399,000 | 3 Bed Flat3 Carlton Apartments, Promenade, Penzance, TR18 4NW3 Carlton Apartments, Promenade, Penzance, TR18 4NW
- Sold Jun 2023£255,000 | 2 Bed Flat2 Carlton Apartments, Promenade, Penzance, TR18 4NW2 Carlton Apartments, Promenade, Penzance, TR18 4NW
- Sold Dec 2021£500,000 | 3 Bed Flat4 Carlton Apartments, Promenade, Penzance, TR18 4NW4 Carlton Apartments, Promenade, Penzance, TR18 4NW
Top 3 Most Expensive Sales
- Sold Dec 2021£500,000 | 3 Bed Flat4 Carlton Apartments, Promenade, Penzance, TR18 4NW4 Carlton Apartments, Promenade, Penzance, TR18 4NW
- Sold Dec 2024£399,000 | 3 Bed Flat3 Carlton Apartments, Promenade, Penzance, TR18 4NW3 Carlton Apartments, Promenade, Penzance, TR18 4NW
- Sold Nov 2021£387,000 | 3 Bed Flat3 Carlton Apartments, Promenade, Penzance, TR18 4NW3 Carlton Apartments, Promenade, Penzance, TR18 4NW
Nearby Streets
Promenade, Penzance, TR18 is the 423rd largest and the 43rd most expensive street in the TR18 area.
- Cornwall Terrace, Penzance, TR1838 Addresses|80 m away
- Redinnick Place, Penzance, TR1817 Addresses|80 m away
- Redinnick Terrace, Penzance, TR1825 Addresses|95 m away
- Redinnick Gardens, Penzance, TR1815 Addresses|123 m away
- Bay View Terrace, Newlyn, Penzance, TR1856 Addresses|128 m away
- Brighton Terrace, Penzance, TR1812 Addresses|130 m away
Sections of this street
There are 2 postcodes on Promenade, Penzance, TR18.
- House prices in TR18 4NW6 Addresses
- House prices in TR18 4HH28 Addresses
Property Types
- 1 period house built between 1800 and 1911
- 27 period flats built between 1800 and 1911
- 3 flats of an unknown age
- 3 other addresses of unknown type
- period house (1)
- period flat (27)
- flat (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 25 properties.
- The most common rating is E.
- A (0)
- E (10)
- B (0)
- F (0)
- C (8)
- G (0)
- D (7)
- No EPC (9)
Schools Nearby
- St Mary's CofE Primary School, Penzance200 m away
- Alverton Primary School500 m away
- Newlyn School700 m away
- Humphry Davy School1.4 km away
- Mounts Bay Academy2.1 km away
- Cape Cornwall School10.5 km away
More reading links
Public Transport Nearby
The closest station to Promenade, Penzance, TR18 is Penzance station, which is 1.2 kilometres away.
- Penzance|1.2 km away
- St Erth|9.5 km away
- Lelant Saltings|10.3 km away
