7 Richmond Street

    7, RICHMOND STREET, PENZANCE, TR18 2PP

    This terraced freehold property on Richmond Street last sold in August 2018 for £158,000. Based on price growth in the TR18 district since then, its estimated current value is £217,515 — placing it in the 29th percentile nationally and the 29th percentile within TR18. The property covers 80 m² (861 sq ft), giving an estimated value of £2,719 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £158,000

    Aug 2018

    Estimated Valuation

    £217,515

    Est. £/sq ft

    £253/sq ft

    £2,719/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 area861 sq ft (80 m²)
    EPC dateApr 2018
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Aug 2018

    £158,000

    11 Mar 2004

    £125,000

    Key Metrics

    Estimated valuation£217,515
    Value per sq ft / m²£253/sq ft (£2,719/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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