Flat 2, 11
Flat 2, 11
Description & Estimates
Public records show Flat 2, 11, Clarence Street, Penzance to be a modern leasehold apartment with 365 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 2, 11, Clarence Street, Penzance has an estimated sale value of £141,469 and an estimated rental value of £758 per month, assuming reasonable condition and based on the information available.
The apartment sits within 11, Clarence Street, Penzance, TR18.
Clarence Street, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
Flat 2, 11, Clarence Street, Penzance has a single entry in the Land Registry from February 2014 and a single entry in the EPC database dated September 2013.
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 Flat 2, 11, Clarence Street, Penzance would be worth £148,543, with a potential rental value of £796 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £131,566, with a rental value of £705 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 2, 11, Clarence Street, Penzance has declined by £2,403 (1.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £38 (5.0%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
Flat 2, 11, Clarence Street, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 2, 11, Clarence Street, Penzance last changed hands on 11th February 2014, selling for £115,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 63.9% since February 2014.
- Sold Feb 2014£115,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of Flat 2, 11, Clarence Street, Penzance across the last 2 years.
Most recently, Flat 1, 11, Clarence Street, Penzance, TR18 2NU, a leasehold flat, sold at £145,000 on the 19th December 2024.
Read more about house prices in TR18.
- Sold Dec 2024£145,000 | 1 Bed Flat11, Clarence StreetFlat 1, 11, Clarence Street, Penzance, TR18 2NU
- Sold Nov 2023£110,000 | 1 Bed FlatHigh Street9 Bakehouse Apartments, High Street, Penzance, TR18 2BQ
- Sold Jun 2021£115,500 | 1 Bed FlatSavoy Court, CausewayheadApartment 9, Savoy Court, Causewayhead, Penzance, TR18 2SP
•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 2, 11, Clarence Street, Penzance as the 42nd largest and the 41st most expensive of the 57 addresses on Clarence Street, Penzance, TR18.
Against the TR18 postcode district average, it is £152k less expensive than the typical property.
More reading links
Schools Nearby
- 600mSt Mary's CofE Primary School, Penzance
- 700mPensans Community Primary School
- 700mSt Mary's Catholic School, Penzance
- 600mHumphry Davy School
- 1.5kmMounts Bay Academy
- 10.1kmSt Ives School
More reading links
Public Transport Nearby
Penzance station is the nearest stop to Flat 2, 11, Clarence Street, Penzance at 500 metres away.
- 500mPenzance
- 8.8kmSt Erth
- 9.6kmLelant 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.
