3 Prospect Place

    3, PROSPECT PLACE, PENZANCE, TR18 2PS

    This flat/maisonette leasehold property on Prospect Place last sold in February 2025 for £122,000. Based on price growth in the TR18 district since then, its estimated current value is £122,000 — placing it in the 7th percentile nationally and the 5th percentile within TR18. The property covers 54 m² (581 sq ft), giving an estimated value of £2,259 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £122,000

    Feb 2025

    Estimated Valuation

    £122,000

    Est. £/sq ft

    £210/sq ft

    £2,259/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area581 sq ft (54 m²)
    EPC dateApr 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Feb 2025

    £122,000

    13 Dec 2007

    £126,500

    Key Metrics

    Estimated valuation£122,000
    Value per sq ft / m²£210/sq ft (£2,259/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile5th percentile
    National percentile7th 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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