Flat 2, 3
Flat 2, 3
Description & Estimates
According to the public record, Flat 2, 3, Penrose Terrace, Penzance is a period leasehold apartment with 627 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 3, Penrose Terrace, Penzance is £175,031 and the estimated rental value is £920 per month.
The apartment is within 3, Penrose Terrace, Penzance, TR18.
Penrose Terrace, Penzance, TR18 is located within the TR18 postal district.
Our Data Sources
Flat 2, 3, Penrose Terrace, Penzance has 2 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated July 2009.
We combine this information with that 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 3, Penrose Terrace, Penzance is in very good condition we estimate a sale value of £183,783 and a rental value of £965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,779 and a rental value of £855 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 3, Penrose Terrace, Penzance has fallen by £2,964 (1.7%), while its estimated rental value has moved up by £47 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
Flat 2, 3, Penrose Terrace, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jul 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, 3, Penrose Terrace, Penzance was last sold on 18th October 2016 for £122,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2016, the market for similar properties has dropped by 2.6%.
- Sold Oct 2016£122,000
- Sold Jan 2007£122,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 3, Penrose Terrace, Penzance within a radius of 450 metres over the last 2 years.
The most recent example is 8 Trafalgar Court, East Terrace, Penzance, TR18 2TB, a leasehold flat which sold for £165,000 on the 28th January 2026.
Read more about house prices in TR18.
- Sold Jan 2026£165,000 | 2 Bed Flat8 Trafalgar Court, East Terrace, Penzance, TR18 2TB8 Trafalgar Court, East Terrace, Penzance, TR18 2TB
- Sold Sep 2025£150,000 | 2 Bed Flat1 Trafalgar Court, East Terrace, Penzance, TR18 2TB1 Trafalgar Court, East Terrace, Penzance, TR18 2TB
- Sold May 2025£165,000 | 2 Bed Flat3 Trafalgar Court, East Terrace, Penzance, TR18 2TB3 Trafalgar Court, East Terrace, Penzance, TR18 2TB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Penrose Terrace, Penzance, TR18 has a total of 15 addresses. According to our analysis of all the public data, Flat 2, 3, Penrose Terrace, Penzance is the 14th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in TR18.
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Schools Nearby
- 400mSt Mary's Catholic School, Penzance
- 1.0kmPensans Community Primary School
- 1.1kmSt Mary's CofE Primary School, Penzance
- 600mHumphry Davy School
- 1.8kmMounts Bay Academy
- 9.6kmSt Ives School
More reading links
Public Transport Nearby
The closest station to Flat 2, 3, Penrose Terrace, Penzance is Penzance station, which is 100 metres away.
- 100mPenzance
- 8.3kmSt Erth
- 9.1kmLelant Saltings
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
