4, St. Michaels Terrace
4, St. Michaels Terrace
Description & Estimates
According to the public record, 4, St. Michaels Terrace, Penzance is a freehold house that sits on a 72.6 m2 plot.
By comparing it to neighbours, we estimate that it is a period house with 886 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, St. Michaels Terrace, Penzance is £293,062 and the estimated rental value is £1,233 per month.
St. Michaels Terrace, Penzance, TR18 is located within the TR18 postal district.
Our Data Sources
4, St. Michaels Terrace, Penzance has a single entry in the Land Registry from October 2007 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
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 4, St. Michaels Terrace, Penzance is in very good condition we estimate a sale value of £307,715 and a rental value of £1,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,547 and a rental value of £1,146 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, St. Michaels Terrace, Penzance has moved down by £6,019 (2.1%), while its estimated rental value has increased by £57 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Plot Size
According to data from HM Land Registry, 4, St. Michaels Terrace, Penzance sits on a plot of 73 m2.
We have plot size data on 10 out of 11 other houses in the postcode and 4, St. Michaels Terrace, Penzance sits on the 9th largest plot.
Sold Prices
According to HM Land Registry, 4, St. Michaels Terrace, Penzance was last sold on 12th October 2007 for £187,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen by 72.1%.
- Sold Oct 2007£187,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, St. Michaels Terrace, Penzance within a radius of 510 metres over the last 2 years.
The most recent example is 15, Richmond Street, Penzance, TR18 2PP, a freehold house which sold for £293,000 on the 24th February 2023.
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
St. Michaels Terrace, Penzance, TR18 has a total of 11 addresses. According to our analysis of all the public data, 4, St. Michaels Terrace, Penzance is the 9th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £49 more expensive than the average property in TR18.
More reading links
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 4, 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.
