7 Alverne Buildings

    7, ALVERNE BUILDINGS, PENZANCE, TR18 2RR

    This terraced freehold property on Alverne Buildings last sold in September 2014 for £110,000. Based on price growth in the TR18 district since then, its estimated current value is £161,612 — placing it in the 15th percentile nationally and the 12th percentile within TR18. The property covers 62 m² (667 sq ft), giving an estimated value of £2,607 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £110,000

    Sept 2014

    Estimated Valuation

    £161,612

    Est. £/sq ft

    £242/sq ft

    £2,607/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateJul 2014
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 Sept 2014

    £110,000

    Key Metrics

    Estimated valuation£161,612
    Value per sq ft / m²£242/sq ft (£2,607/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile12th percentile
    National percentile15th 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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