2 New Street

    2, NEW STREET, PENZANCE, TR18 2LZ

    This terraced freehold property on New Street last sold in April 2024 for £280,000. Based on price growth in the TR18 district since then, its estimated current value is £265,455 — placing it in the 41st percentile nationally and the 49th percentile within TR18. The property covers 83 m² (893 sq ft), giving an estimated value of £3,198 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £280,000

    Apr 2024

    Estimated Valuation

    £265,455

    Est. £/sq ft

    £297/sq ft

    £3,198/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateNov 2015
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Apr 2024

    £280,000

    Key Metrics

    Estimated valuation£265,455
    Value per sq ft / m²£297/sq ft (£3,198/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile49th percentile
    National percentile41st 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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