Flat 1, 5
Flat 1, 5
Description & Estimates
Public records show Flat 1, 5, Penare Road, Penzance to be a period leasehold apartment with 430 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
Flat 1, 5, Penare Road, Penzance has an estimated sale value of £106,974 and an estimated rental value of £696 per month, assuming reasonable condition and based on the information available.
The apartment sits within 5, Penare Road, Penzance, TR18.
Penare Road, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
Flat 1, 5, Penare Road, Penzance has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 5, Penare Road, Penzance would be worth £112,323, with a potential rental value of £730 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £99,486, with a rental value of £647 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 Flat 1, 5, Penare Road, Penzance has dropped by £1,052 (1.0%) over the last year. During the same period, its estimated monthly rental value has risen by £40 (5.8%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
Flat 1, 5, Penare Road, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 5, Penare Road, Penzance last changed hands on 29th March 2021, selling for £80,000. 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 risen by 56.1% since March 2021.
- Sold Mar 2021£80,000
- Sold Oct 2015£90,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat 1, 5, Penare Road, Penzance across the last 2 years.
Most recently, 4 Old Bakehouse Flats, Leskinnick Place, Penzance, TR18 2EZ, a leasehold flat, sold at £115,000 on the 1st December 2025.
Read more about house prices in TR18.
- Sold Dec 2025£115,000 | 1 Bed FlatLeskinnick Place4 Old Bakehouse Flats, Leskinnick Place, Penzance, TR18 2EZ
- Sold Sep 2025£120,000 | 1 Bed FlatLeskinnick Place8 Old Bakehouse Flats, Leskinnick Place, Penzance, TR18 2EZ
- Sold Apr 2022£100,000 | 1 Bed FlatSt. Philip Street5, St. Philip Street, Penzance, TR18 2DN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 5, Penare Road, Penzance as the 60th largest and the 88th most expensive of the 114 addresses on Penare Road, Penzance, TR18.
Against the TR18 postcode district average, it is £186k less expensive than the typical property.
More reading links
Schools Nearby
- 300mSt Mary's Catholic School, Penzance
- 900mPensans Community Primary School
- 1.2kmGulval School
- 400mHumphry Davy School
- 1.6kmMounts Bay Academy
- 9.5kmSt Ives School
More reading links
Public Transport Nearby
Penzance station is the nearest stop to Flat 1, 5, Penare Road, Penzance at 300 metres away.
- 300mPenzance
- 8.3kmSt Erth
- 9.1kmLelant Saltings
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
