6 Alverne Buildings

    6, ALVERNE BUILDINGS, PENZANCE, TR18 2RR

    This terraced freehold property on Alverne Buildings last sold in April 2023 for £177,500. Based on price growth in the TR18 district since then, its estimated current value is £182,593 — placing it in the 20th percentile nationally and the 16th percentile within TR18. The property covers 64 m² (689 sq ft), giving an estimated value of £2,853 per m². The EPC rating is F, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    689 sq ft

    64 m²

    Last Sale Price

    £177,500

    Apr 2023

    Estimated Valuation

    £182,593

    Est. £/sq ft

    £265/sq ft

    £2,853/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialB
    Floor area689 sq ft (64 m²)
    EPC dateOct 2022
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    3 Apr 2023

    £177,500

    Key Metrics

    Estimated valuation£182,593
    Value per sq ft / m²£265/sq ft (£2,853/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile16th percentile
    National percentile20th 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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