2, Gloucester Place
2, Gloucester Place
Description & Estimates
2, Gloucester Place, Penzance is recorded publicly as an early-century freehold house across 721 ft2 of internal area, sitting on a 110 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Gloucester Place, Penzance is £235,879 and its rental estimate is £1,113 per month, given the available information and assuming reasonable condition.
Gloucester Place, Newlyn, Penzance, TR18 falls within the TR18 postal district.
Our Data Sources
2, Gloucester Place, Penzance has 2 entries in the Land Registry , most recently in July 2012 and a single entry in the EPC database dated March 2024.
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, Gloucester Place, Penzance, we estimate a market value of £247,673 and a rental value of £1,169 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £219,368 and £1,035 per month respectively.
Recent Market Change
Over the last year, 2, Gloucester Place, Penzance has seen its estimated sale value fall by £3,416 (1.4%) and its estimated rental value move up by £59 per month (5.3%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 2, Gloucester Place, Penzance as measuring 110 m2.
That makes it the 6th largest plot in the postcode, where 6 of the 7 other houses have recorded plot data.
Energy Efficiency
2, Gloucester Place, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Gloucester Place, Penzance completed on 27th July 2012 at £150,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 43.4% over the period since July 2012.
- Sold Jul 2012£150,000
- Sold Apr 2007£140,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Gloucester Place, Penzance have sold within a radius of 890 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th May 2025, was 13, Parc Terrace, Penzance, TR18 5AS, a freehold house which sold for £119,000.
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 11 addresses on Gloucester Place, Newlyn, Penzance, TR18, 2, Gloucester Place, Penzance comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £57k less expensive than the average property across the TR18 district.
More reading links
Schools Nearby
- 800mNewlyn School
- 1.4kmAlverton Primary School
- 1.6kmSt Mary's CofE Primary School, Penzance
- 2.7kmHumphry Davy School
- 2.9kmMounts Bay Academy
- 9.9kmCape Cornwall School
More reading links
Public Transport Nearby
From 2, Gloucester Place, Penzance, the nearest station is Penzance, 2.6 kilometres away.
- 2.6kmPenzance
- 10.9kmSt Erth
- 11.7kmLelant Saltings
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
