40A, Medrose Terrace
40A, Medrose Terrace
Description & Estimates
The public record describes 40A, Medrose Terrace, Penzance as a period apartment with 398 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
40A, Medrose Terrace, Penzance has an estimated sale value of £222,425 and an estimated rental value of £671 per month, assuming reasonable condition and based on the information available.
The apartment sits within 40, Medrose Terrace, Penzance, TR18.
Medrose Terrace, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
40A, Medrose Terrace, Penzance has no records in the the Land Registry and a single entry in the EPC database dated September 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 40A, Medrose Terrace, Penzance would be worth £233,546, with a potential rental value of £704 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £206,855, with a rental value of £624 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 40A, Medrose Terrace, Penzance has fallen by £2,188 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £39 (5.8%). The property's estimated gross yield is currently 3.6%.
Energy Efficiency
40A, Medrose Terrace, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Sep 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 350 metres of 40A, Medrose Terrace, Penzance across the last 2 years.
Most recently, 40, Medrose Terrace, Penzance, TR18 2BS, a leasehold flat, sold at £180,000 on the 30th April 2021.
Read more about house prices in TR18.
- Sold Apr 2021£180,000 | 2 Bed Flat40, Medrose Terrace, Penzance, TR18 2BS40, Medrose Terrace, Penzance, TR18 2BS
- Sold Jun 2017£172,500 | 3 Bed House41, Medrose Terrace, Penzance, TR18 2BS41, Medrose Terrace, Penzance, TR18 2BS
- Sold Jul 2011£185,000 | 1 Bed Flat37, Medrose Terrace, Penzance, TR18 2BS37, Medrose Terrace, Penzance, TR18 2BS
•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 40A, Medrose Terrace, Penzance as the 18th largest and the 16th most expensive of the 18 addresses on Medrose Terrace, Penzance, TR18.
Against the TR18 postcode district average, it is £71k less expensive than the typical property.
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Schools Nearby
- 400mSt Mary's Catholic School, Penzance
- 700mPensans Community Primary School
- 1.0kmSt Mary's CofE Primary School, Penzance
- 300mHumphry Davy School
- 1.4kmMounts Bay Academy
- 9.7kmSt Ives School
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Public Transport Nearby
Penzance station is the nearest stop to 40A, Medrose Terrace, Penzance at 400 metres away.
- 400mPenzance
- 8.5kmSt Erth
- 9.3kmLelant 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.
