2 Cross Street

    2, CROSS STREET, PENZANCE, TR18 2EY

    This terraced freehold property on Cross Street last sold in May 2020 for £125,000. Based on price growth in the TR18 district since then, its estimated current value is £159,967 — placing it in the 15th percentile nationally and the 11th percentile within TR18. The property covers 47 m² (506 sq ft), giving an estimated value of £3,404 per m². The EPC rating is G, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £125,000

    May 2020

    Estimated Valuation

    £159,967

    Est. £/sq ft

    £316/sq ft

    £3,404/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fueldual fuel - mineral + wood
    EPC currentG
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateNov 2019
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingRoom heaters, dual fuel (mineral and wood)

    Transaction History

    6 May 2020

    £125,000

    20 Jun 2008

    £130,000

    25 Aug 2006

    £125,000

    31 Aug 1995

    £34,000

    Key Metrics

    Estimated valuation£159,967
    Value per sq ft / m²£316/sq ft (£3,404/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile11th percentile
    National percentile15th percentile

    District Context — TR18

    TR18 covers the Penzance area and surrounding neighbourhoods in west Cornwall, positioned at the southwestern tip of England. It is a coastal region with a mixed character of residential communities, tourism-related activity, and traditional employment sectors.

    Average Property Price - TR18

    £294,280

    41

    National percentile

    Average Net Household Income - TR18

    £30,355

    8

    National percentile

    10-Year Annualised Price Growth - TR18

    3.7%

    54

    National percentile

    10-Year Annualised Rent Growth - TR

    3.9%

    50

    National percentile

    View full analysis for TR18

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