2 Penalverne Drive

    2, PENALVERNE DRIVE, PENZANCE, TR18 2RE

    This semi-detached freehold property on Penalverne Drive last sold in May 2024 for £280,000. Based on price growth in the TR18 district since then, its estimated current value is £287,126 — placing it in the 46th percentile nationally and the 57th percentile within TR18. The property covers 97 m² (1,044 sq ft), giving an estimated value of £2,960 per m². The EPC rating is E, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,044 sq ft

    97 m²

    Last Sale Price

    £280,000

    May 2024

    Estimated Valuation

    £287,126

    Est. £/sq ft

    £275/sq ft

    £2,960/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,044 sq ft (97 m²)
    EPC dateMar 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 May 2024

    £280,000

    Key Metrics

    Estimated valuation£287,126
    Value per sq ft / m²£275/sq ft (£2,960/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile57th percentile
    National percentile46th 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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