27, New Street
27, New Street
Description & Estimates
27, New Street, Penzance is described in the public record as a period apartment with 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 27, New Street, Penzance is £181,504 and its rental estimate is £885 per month, given the available information and assuming reasonable condition.
27, New Street is a residential building on New Street, Penzance, TR18 and falls within the TR18 postal district.
Our Data Sources
27, New Street, Penzance has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 27, New Street, Penzance, we estimate a market value of £190,579 and a rental value of £929 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,799 and £823 per month respectively.
Recent Market Change
Over the last year, 27, New Street, Penzance has seen its estimated sale value decline by £1,776 (1.0%) and its estimated rental value climb by £51 per month (5.8%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
27, New Street, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Sep 2013.
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 27, New Street, Penzance completed on 22nd February 1996 at £52,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Feb 1996£52,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27, New Street, Penzance have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2025, was 26, New Street, Penzance, TR18 2NE, a leasehold flat which sold for £173,000.
Read more about house prices in TR18.
- Sold Mar 2025£173,000 | 2 Bed Flat26, New Street, Penzance, TR18 2NE26, New Street, Penzance, TR18 2NE
- Sold Feb 2023£200,000 | 2 Bed FlatFlat 4, 20, New Street, Penzance, TR18 2NEFlat 4, 20, New Street, Penzance, TR18 2NE
- Sold Jan 2023£75,000 | 2 Bed Flat10, The Arcade, Penzance, TR18 2HW10, The Arcade, Penzance, TR18 2HW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 93 addresses on New Street, Penzance, TR18, 27, New Street, Penzance comes out as the 52nd largest and the 36th most expensive in our analysis of the public data.
It is also £112k less expensive than the average property across the TR18 district.
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Schools Nearby
- 600mSt Mary's CofE Primary School, Penzance
- 900mSt Mary's Catholic School, Penzance
- 1.1kmAlverton Primary School
- 900mHumphry Davy School
- 2.0kmMounts Bay Academy
- 10.1kmSt Ives School
More reading links
Public Transport Nearby
From 27, New Street, Penzance, the nearest station is Penzance, 500 metres away.
- 500mPenzance
- 8.7kmSt Erth
- 9.5kmLelant Saltings
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
