16 Prospect Place

    16, PROSPECT PLACE, PENZANCE, TR18 2PS

    This flat/maisonette leasehold property on Prospect Place last sold in May 2018 for £125,000. Based on price growth in the TR18 district since then, its estimated current value is £128,268 — placing it in the 8th percentile nationally and the 6th percentile within TR18. The property covers 59 m² (635 sq ft), giving an estimated value of £2,174 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £125,000

    May 2018

    Estimated Valuation

    £128,268

    Est. £/sq ft

    £202/sq ft

    £2,174/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateFeb 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    4 May 2018

    £125,000

    Key Metrics

    Estimated valuation£128,268
    Value per sq ft / m²£202/sq ft (£2,174/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile6th percentile
    National percentile8th 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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