3 Richmond Street

    3, RICHMOND STREET, PENZANCE, TR18 2PP

    This terraced freehold property on Richmond Street last sold in March 2022 for £225,000. Based on price growth in the TR18 district since then, its estimated current value is £217,390 — placing it in the 29th percentile nationally and the 29th percentile within TR18. The property covers 78 m² (840 sq ft), giving an estimated value of £2,787 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    840 sq ft

    78 m²

    Last Sale Price

    £225,000

    Mar 2022

    Estimated Valuation

    £217,390

    Est. £/sq ft

    £259/sq ft

    £2,787/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area840 sq ft (78 m²)
    EPC dateOct 2021
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2022

    £225,000

    19 Jun 2002

    £101,000

    Key Metrics

    Estimated valuation£217,390
    Value per sq ft / m²£259/sq ft (£2,787/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile29th percentile
    National percentile29th 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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