Flat 1, 4
Flat 1, 4
Description & Estimates
Flat 1, 4, Parade Street, Penzance is described in the public record as a period apartment with 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, 4, Parade Street, Penzance is £215,674 and its rental estimate is £822 per month, given the available information and assuming reasonable condition.
4, Parade Street is a residential building on Parade Street, Penzance, TR18 and falls within the TR18 postal district.
Our Data Sources
Flat 1, 4, Parade Street, Penzance has no records in the the Land Registry and a single entry in the EPC database dated September 2012.
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
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 Flat 1, 4, Parade Street, Penzance, we estimate a market value of £226,457 and a rental value of £863 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £200,576 and £764 per month respectively.
Recent Market Change
Over the last year, Flat 1, 4, Parade Street, Penzance has seen its estimated sale value decrease by £3,652 (1.7%) and its estimated rental value grow by £42 per month (5.1%). This results in an estimated gross rental yield of 4.6%.
Energy Efficiency
Flat 1, 4, Parade Street, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 4, Parade Street, Penzance have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2025, was 26, New Street, Penzance, TR18 2NE, a leasehold flat which sold for £173,000.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 29 addresses on Parade Street, Penzance, TR18, Flat 1, 4, Parade Street, Penzance comes out as the 9th largest and the 7th most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the TR18 district.
More reading links
Schools Nearby
- 400mSt Mary's CofE Primary School, Penzance
- 900mAlverton Primary School
- 1.0kmSt Mary's Catholic School, Penzance
- 800mHumphry Davy School
- 1.8kmMounts Bay Academy
- 10.2kmSt Ives School
More reading links
Public Transport Nearby
From Flat 1, 4, Parade Street, Penzance, the nearest station is Penzance, 600 metres away.
- 600mPenzance
- 8.9kmSt Erth
- 9.7kmLelant Saltings
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
