2, Clarence Terrace
2, Clarence Terrace
Description & Estimates
2, Clarence Terrace, Penzance is recorded publicly as a period freehold house across 1,198 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Clarence Terrace, Penzance is £413,572 and its rental estimate is £1,291 per month, given the available information and assuming reasonable condition.
Clarence Terrace, Penzance, TR18 falls within the TR18 postal district.
Our Data Sources
2, Clarence Terrace, Penzance has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated May 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Clarence Terrace, Penzance, we estimate a market value of £434,251 and a rental value of £1,355 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £384,622 and £1,201 per month respectively.
Recent Market Change
Over the last year, 2, Clarence Terrace, Penzance has seen its estimated sale value drop by £8,494 (2.1%) and its estimated rental value rise by £59 per month (4.6%). This results in an estimated gross rental yield of 3.7%.
Energy Efficiency
2, Clarence Terrace, Penzance has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 11 May 2010.
The property is connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 2, Clarence Terrace, Penzance completed on 20th March 2014 at £270,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 85.5% over the period since March 2014.
- Sold Mar 2014£270,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Clarence Terrace, Penzance have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2022, was 1, Tremenheere Road, Penzance, TR18 2AH, a freehold house which sold for £550,000.
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
Of the 5 addresses on Clarence Terrace, Penzance, TR18, 2, Clarence Terrace, Penzance comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £121k more expensive than the average property across the TR18 district.
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Schools Nearby
- 600mPensans Community Primary School
- 600mSt Mary's Catholic School, Penzance
- 800mSt Mary's CofE Primary School, Penzance
- 500mHumphry Davy School
- 1.4kmMounts Bay Academy
- 10.0kmSt Ives School
More reading links
Public Transport Nearby
From 2, Clarence Terrace, Penzance, the nearest station is Penzance, 600 metres away.
- 600mPenzance
- 8.8kmSt Erth
- 9.6kmLelant Saltings
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
