1, Alma Terrace
1, Alma Terrace
Description & Estimates
Public records show 1, Alma Terrace, Penzance to be a period Leasehold apartment with 935 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
1, Alma Terrace, Penzance has an estimated sale value of £178,003 and an estimated rental value of £882 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Alma Terrace, Penzance, TR18.
Alma Terrace, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
1, Alma Terrace, Penzance has 21 entries in the Land Registry , most recently in August 2011 and a single entry in the EPC database dated December 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Alma Terrace, Penzance would be worth £186,904, with a potential rental value of £926 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £165,543, with a rental value of £821 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Alma Terrace, Penzance has declined by £1,312 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £54 (6.1%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
1, Alma Terrace, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2010.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Alma Terrace, Penzance last changed hands on 1st August 2011, selling for £123,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 86.4% since August 2011.
- Sold Aug 2011£123,000
- Sold Jul 2001£83,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 320 metres of 1, Alma Terrace, Penzance across the last 2 years.
Most recently, Flat 1A, 7-8, Albert Street, Penzance, TR18 2LR, a leasehold flat, sold at £100,000 on the 14th May 2021.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Alma Terrace, Penzance as the 25th largest and the 25th most expensive of the 32 addresses on Alma Terrace, Penzance, TR18.
Against the TR18 postcode district average, it is £115k less expensive than the typical property.
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Schools Nearby
- 600mSt Mary's Catholic School, Penzance
- 800mSt Mary's CofE Primary School, Penzance
- 900mPensans Community Primary School
- 500mHumphry Davy School
- 1.7kmMounts Bay Academy
- 9.8kmSt Ives School
More reading links
Public Transport Nearby
Penzance station is the nearest stop to 1, Alma Terrace, Penzance at 300 metres away.
- 300mPenzance
- 8.6kmSt Erth
- 9.4kmLelant Saltings
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
