3, South Terrace
3, South Terrace
Description & Estimates
According to the public record, 3, South Terrace, Penzance is a period freehold house with 1,302 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, South Terrace, Penzance is £374,978 and the estimated rental value is £1,414 per month.
South Terrace, Penzance, TR18 is located within the TR18 postal district.
Our Data Sources
3, South Terrace, Penzance has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated July 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, South Terrace, Penzance is in very good condition we estimate a sale value of £393,727 and a rental value of £1,485 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £348,730 and a rental value of £1,315 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, South Terrace, Penzance has moved down by £11,476 (3.1%), while its estimated rental value has increased by £53 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Energy Efficiency
3, South Terrace, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2013.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, South Terrace, Penzance was last sold on 2nd March 2021 for £371,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2021, the market for similar properties has risen by 6.3%.
- Sold Mar 2021£371,000
- Sold Sep 2014£310,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, South Terrace, Penzance within a radius of 590 metres over the last 2 years.
The most recent example is 1, South Terrace, Penzance, TR18 4DP, a freehold house which sold for £400,000 on the 6th January 2025.
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
South Terrace, Penzance, TR18 has a total of 19 addresses. According to our analysis of all the public data, 3, South Terrace, Penzance is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in TR18.
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Schools Nearby
- 400mSt Mary's CofE Primary School, Penzance
- 900mAlverton Primary School
- 1.2kmSt Mary's Catholic School, Penzance
- 1.2kmHumphry Davy School
- 2.1kmMounts Bay Academy
- 10.4kmSt Ives School
More reading links
Public Transport Nearby
The closest station to 3, South Terrace, Penzance is Penzance station, which is 800 metres away.
- 800mPenzance
- 8.9kmSt Erth
- 9.8kmLelant Saltings
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be high.
