3, Clarence Terrace
3, Clarence Terrace
Description & Estimates
The public record lists 3, Clarence Terrace, Penzance as a freehold house sitting on a 194 m2 plot.
Comparison with its neighbours suggests a period house with 1,306 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
3, Clarence Terrace, Penzance has an estimated sale value of £440,081 and an estimated rental value of £1,360 per month, assuming reasonable condition and based on the information available.
Clarence Terrace, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
3, Clarence Terrace, Penzance has 31 entries in the Land Registry , most recently in February 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Clarence Terrace, Penzance would be worth £462,085, with a potential rental value of £1,428 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £409,275, with a rental value of £1,265 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 3, Clarence Terrace, Penzance has decreased by £13,468 (3.1%) over the last year. During the same period, its estimated monthly rental value has grown by £51 (3.7%). The property's estimated gross yield is currently 3.7%.
Plot Size
3, Clarence Terrace, Penzance occupies a 194 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
3, Clarence Terrace, Penzance last changed hands on 1st February 2013, selling for £245,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 68.8% since February 2013.
- Sold Feb 2013£245,000
- Sold Aug 2002£180,000
- Sold Feb 1997£51,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of 3, Clarence Terrace, Penzance across the last 2 years.
Most recently, 1, Tremenheere Road, Penzance, TR18 2AH, a freehold house, sold at £550,000 on the 2nd December 2022.
Read more about house prices in TR18.
- Sold Dec 2022£550,000 | 4 Bed House1, Tremenheere Road, Penzance, TR18 2AH1, Tremenheere Road, Penzance, TR18 2AH
- Sold Apr 2017£335,000 | 4 Bed House6, North Parade, Penzance, TR18 4SH6, North Parade, Penzance, TR18 4SH
- Sold Aug 2014£325,000 | 4 Bed House4, Clarence Terrace, Penzance, TR18 2PZ4, Clarence Terrace, Penzance, TR18 2PZ
•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 3, Clarence Terrace, Penzance as the 3rd largest and the 3rd most expensive of the 5 addresses on Clarence Terrace, Penzance, TR18.
Against the TR18 postcode district average, it is £147k more expensive than the typical property.
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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
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Public Transport Nearby
Penzance station is the nearest stop to 3, Clarence Terrace, Penzance at 600 metres away.
- 600mPenzance
- 8.8kmSt Erth
- 9.6kmLelant Saltings
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
