3, St. Michaels Terrace
3, St. Michaels Terrace
Description & Estimates
According to the public record, 3, St. Michaels Terrace, Penzance is a period freehold house with 1,011 ft2 of internal area and sits on a 77.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, St. Michaels Terrace, Penzance is £314,026 and the estimated rental value is £1,282 per month.
St. Michaels Terrace, Penzance, TR18 is located within the TR18 postal district.
Our Data Sources
3, St. Michaels Terrace, Penzance has 41 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated March 2021.
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
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, St. Michaels Terrace, Penzance is in very good condition we estimate a sale value of £329,728 and a rental value of £1,347 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,044 and a rental value of £1,193 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, St. Michaels Terrace, Penzance has dropped by £6,450 (2.1%), while its estimated rental value has risen by £59 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Plot Size
According to data from HM Land Registry, 3, St. Michaels Terrace, Penzance sits on a plot of 78 m2.
We have plot size data on 10 out of 11 other houses in the postcode and 3, St. Michaels Terrace, Penzance sits on the 8th largest plot.
Energy Efficiency
3, St. Michaels Terrace, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, St. Michaels Terrace, Penzance was last sold on 29th June 2021 for £299,950 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since June 2021, the market for similar properties has risen by 34.8%.
- Sold Jun 2021£299,950
- Sold Oct 2009£185,000
- Sold Jul 2005£150,000
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, St. Michaels Terrace, Penzance within a radius of 510 metres over the last 2 years.
The most recent example is 57, Belgravia Street, Penzance, TR18 2BL, a freehold house which sold for £325,000 on the 10th September 2025.
Read more about house prices in TR18.
- Sold Sep 2025£325,000 | 3 Bed House57, Belgravia Street, Penzance, TR18 2BL57, Belgravia Street, Penzance, TR18 2BL
- Sold Aug 2025£273,500 | 3 Bed House10, St. Marys Street, Penzance, TR18 2DH10, St. Marys Street, Penzance, TR18 2DH
- Sold Oct 2024£220,000 | 3 Bed House18, Barwis Terrace, Penzance, TR18 2AW18, Barwis Terrace, Penzance, TR18 2AW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
St. Michaels Terrace, Penzance, TR18 has a total of 11 addresses. According to our analysis of all the public data, 3, St. Michaels Terrace, Penzance is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in TR18.
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Schools Nearby
- 300mPensans Community Primary School
- 600mSt Mary's Catholic School, Penzance
- 1.0kmSt Mary's CofE Primary School, Penzance
- 300mHumphry Davy School
- 1.1kmMounts Bay Academy
- 9.9kmSt Ives School
More reading links
Public Transport Nearby
The closest station to 3, St. Michaels Terrace, Penzance is Penzance station, which is 800 metres away.
- 800mPenzance
- 8.8kmSt Erth
- 9.6kmLelant Saltings
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
