5, South Parade
5, South Parade
Description & Estimates
5, South Parade, Penzance is recorded publicly as a period freehold house across 2,399 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 5, South Parade, Penzance is £639,648 and its rental estimate is £1,769 per month, given the available information and assuming reasonable condition.
South Parade, Penzance, TR18 falls within the TR18 postal district.
Our Data Sources
5, South Parade, Penzance has 4 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated January 2012.
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
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 5, South Parade, Penzance, we estimate a market value of £671,631 and a rental value of £1,857 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £594,873 and £1,645 per month respectively.
Recent Market Change
Over the last year, 5, South Parade, Penzance has seen its estimated sale value move down by £26,952 (4.2%) and its estimated rental value increase by £43 per month (2.4%). This results in an estimated gross rental yield of 3.3%.
Energy Efficiency
5, South Parade, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jan 2012.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, South Parade, Penzance completed on 6th January 2022 at £741,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 18.0% over the period since January 2022.
- Sold Jan 2022£741,000
- Sold Jun 2021£627,000
- Sold Feb 2014£445,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, South Parade, Penzance have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd March 2026, was 6, St. Marys Terrace, Penzance, TR18 4DZ, a freehold house which sold for £695,000.
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
Of the 5 addresses on South Parade, Penzance, TR18, 5, South Parade, Penzance comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £347k more expensive than the average property across the TR18 district.
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Schools Nearby
- 400mSt Mary's CofE Primary School, Penzance
- 800mAlverton Primary School
- 1.0kmPensans Community Primary School
- 900mHumphry Davy School
- 1.8kmMounts Bay Academy
- 10.3kmSt Ives School
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Public Transport Nearby
From 5, South Parade, Penzance, the nearest station is Penzance, 600 metres away.
- 600mPenzance
- 8.9kmSt Erth
- 9.8kmLelant Saltings
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
