23, Quay Street
23, Quay Street
Description & Estimates
23, Quay Street, Penzance is recorded publicly as a period leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 23, Quay Street, Penzance is £88,828 and its rental estimate is £574 per month, given the available information and assuming reasonable condition.
23, Quay Street is a residential building on Quay Street, Penzance, TR18 and falls within the TR18 postal district.
Our Data Sources
23, Quay Street, Penzance has a single entry in the Land Registry from December 2018 and a single entry in the EPC database dated November 2018.
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
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 23, Quay Street, Penzance, we estimate a market value of £93,269 and a rental value of £603 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £82,610 and £534 per month respectively.
Recent Market Change
Over the last year, 23, Quay Street, Penzance has seen its estimated sale value move down by £874 (1.0%) and its estimated rental value increase by £33 per month (5.8%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
23, Quay Street, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 23, Quay Street, Penzance completed on 19th December 2018 at £70,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 24.0% over the period since December 2018.
- Sold Dec 2018£70,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Quay Street, Penzance have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th May 2023, was 3, Coinagehall Place, Penzance, TR18 4AZ, a leasehold flat which sold for £99,000.
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 8 addresses on Quay Street, Penzance, TR18, 23, Quay Street, Penzance comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £204k less expensive than the average property across the TR18 district.
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Schools Nearby
- 600mSt Mary's CofE Primary School, Penzance
- 1.2kmSt Mary's Catholic School, Penzance
- 1.2kmAlverton Primary School
- 1.2kmHumphry Davy School
- 2.2kmMounts Bay Academy
- 10.2kmSt Ives School
More reading links
Public Transport Nearby
From 23, Quay Street, Penzance, the nearest station is Penzance, 600 metres away.
- 600mPenzance
- 8.7kmSt Erth
- 9.5kmLelant Saltings
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
