Flat 3, 2
Flat 3, 2
Description & Estimates
The public record describes Flat 3, 2, Alexandra Terrace, Penzance as a period apartment with 387 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 3, 2, Alexandra Terrace, Penzance has an estimated sale value of £152,646 and an estimated rental value of £769 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Alexandra Terrace, Penzance, TR18.
Alexandra Terrace, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
Flat 3, 2, Alexandra Terrace, Penzance has no records in the the Land Registry and a single entry in the EPC database dated February 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, 2, Alexandra Terrace, Penzance would be worth £160,279, with a potential rental value of £808 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £141,961, with a rental value of £715 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 3, 2, Alexandra Terrace, Penzance has dropped by £2,593 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £39 (5.0%). The property's estimated gross yield is currently 6.0%.
Energy Efficiency
Flat 3, 2, Alexandra Terrace, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Feb 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 740 metres of Flat 3, 2, Alexandra Terrace, Penzance across the last 2 years.
Most recently, Flat 2, 1, Alexandra Terrace, Penzance, TR18 4NX, a leasehold flat, sold at £99,950 on the 3rd February 2023.
Read more about house prices in TR18.
- Sold Feb 2023£99,950 | 1 Bed Flat1, Alexandra TerraceFlat 2, 1, Alexandra Terrace, Penzance, TR18 4NX
- Sold Mar 2021£145,000 | 1 Bed Flat1, Alexandra TerraceFlat 6, 1, Alexandra Terrace, Penzance, TR18 4NX
- Sold Oct 2011£98,000 | 1 Bed Flat4, Alexandra TerraceFlat 4, 4, Alexandra Terrace, Penzance, TR18 4NX
•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 Flat 3, 2, Alexandra Terrace, Penzance as the 74th largest and the 65th most expensive of the 79 addresses on Alexandra Terrace, Penzance, TR18.
Against the TR18 postcode district average, it is £140k less expensive than the typical property.
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Schools Nearby
- 300mAlverton Primary School
- 400mNewlyn School
- 600mSt Mary's CofE Primary School, Penzance
- 1.6kmHumphry Davy School
- 2.0kmMounts Bay Academy
- 10.2kmCape Cornwall School
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Public Transport Nearby
Penzance station is the nearest stop to Flat 3, 2, Alexandra Terrace, Penzance at 1.5 kilometres away.
- 1.5kmPenzance
- 9.8kmSt Erth
- 10.6kmLelant 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.
