7, South Terrace
7, South Terrace
Description & Estimates
Public records show 7, South Terrace, Penzance to be a period freehold house with 818 ft2 of internal area, sitting on a 167 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
7, South Terrace, Penzance has an estimated sale value of £286,901 and an estimated rental value of £1,196 per month, assuming reasonable condition and based on the information available.
South Terrace, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
7, South Terrace, Penzance has 21 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated September 2017.
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
In very good condition, we estimate 7, South Terrace, Penzance would be worth £301,246, with a potential rental value of £1,255 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £266,818, with a rental value of £1,112 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, South Terrace, Penzance has fallen by £5,892 (2.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £55 (4.6%). The property's estimated gross yield is currently 5.0%.
Plot Size
7, South Terrace, Penzance occupies a 167 m2 plot as recorded by HM Land Registry.
Of the 19 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
7, South Terrace, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2017.
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, South Terrace, Penzance last changed hands on 5th September 2019, selling for £290,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 30.4% since September 2019.
- Sold Sep 2019£290,000
- Sold Nov 2002£180,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 7, South Terrace, Penzance across the last 2 years.
Most recently, 14, South Terrace, Penzance, TR18 4DP, a freehold house, sold at £270,000 on the 26th February 2024.
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, South Terrace, Penzance as the 12th largest and the 12th most expensive of the 19 addresses on South Terrace, Penzance, TR18.
Against the TR18 postcode district average, it is £6k less expensive than the typical property.
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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
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Public Transport Nearby
Penzance station is the nearest stop to 7, South Terrace, Penzance at 800 metres away.
- 800mPenzance
- 8.9kmSt Erth
- 9.8kmLelant 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 high risk of flooding.
