7, Penare Terrace
7, Penare Terrace
Description & Estimates
Public records show 7, Penare Terrace, Penzance to be a period leasehold apartment with 1,237 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
7, Penare Terrace, Penzance has an estimated sale value of £268,003 and an estimated rental value of £1,085 per month, assuming reasonable condition and based on the information available.
The apartment sits within 7, Penare Terrace, Penzance, TR18.
Penare Terrace, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
7, Penare Terrace, Penzance has 21 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 7, Penare Terrace, Penzance would be worth £281,403, with a potential rental value of £1,140 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £249,242, with a rental value of £1,009 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 7, Penare Terrace, Penzance has moved down by £1,976 (0.7%) over the last year. During the same period, its estimated monthly rental value has increased by £66 (6.1%). The property's estimated gross yield is currently 4.9%.
Energy Efficiency
7, Penare Terrace, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Penare Terrace, Penzance last changed hands on 5th July 2024, selling for £350,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 6.5% since July 2024.
- Sold Jul 2024£350,000
- Sold Jul 2001£88,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of 7, Penare Terrace, Penzance across the last 2 years.
Most recently, 1 Penare Court, Penare Gardens, Penzance, TR18 2AR, a leasehold flat, sold at £75,000 on the 27th May 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
Our analysis of the public data ranks 7, Penare Terrace, Penzance as the 12th largest and the 13th most expensive of the 27 addresses on Penare Terrace, Penzance, TR18.
Against the TR18 postcode district average, it is £25k less expensive than the typical property.
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Schools Nearby
- 200mSt Mary's Catholic School, Penzance
- 800mPensans Community Primary School
- 1.1kmSt Mary's CofE Primary School, Penzance
- 300mHumphry Davy School
- 1.5kmMounts Bay Academy
- 9.5kmSt Ives School
More reading links
Public Transport Nearby
Penzance station is the nearest stop to 7, Penare Terrace, Penzance at 400 metres away.
- 400mPenzance
- 8.4kmSt Erth
- 9.2kmLelant Saltings
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
