16 Marine Terrace

    16, MARINE TERRACE, PENZANCE, TR18 4DL

    This terraced freehold property on Marine Terrace last sold in June 2024 for £420,000. Based on price growth in the TR18 district since then, its estimated current value is £398,182 — placing it in the 67th percentile nationally and the 80th percentile within TR18. The property covers 102 m² (1,098 sq ft), giving an estimated value of £3,904 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £420,000

    Jun 2024

    Estimated Valuation

    £398,182

    Est. £/sq ft

    £363/sq ft

    £3,904/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,098 sq ft (102 m²)
    EPC dateMar 2024
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Jun 2024

    £420,000

    16 Feb 2018

    £280,000

    8 Sept 2009

    £245,000

    Key Metrics

    Estimated valuation£398,182
    Value per sq ft / m²£363/sq ft (£3,904/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile80th percentile
    National percentile67th 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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