3 South Terrace

    3, SOUTH TERRACE, PENZANCE, TR18 4DP

    This terraced freehold property on South Terrace last sold in March 2021 for £371,000. Based on price growth in the TR18 district since then, its estimated current value is £399,115 — placing it in the 67th percentile nationally and the 80th percentile within TR18. The property covers 121 m² (1,302 sq ft), giving an estimated value of £3,298 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,302 sq ft

    121 m²

    Last Sale Price

    £371,000

    Mar 2021

    Estimated Valuation

    £399,115

    Est. £/sq ft

    £306/sq ft

    £3,298/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,302 sq ft (121 m²)
    EPC dateSept 2013
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Mar 2021

    £371,000

    8 Sept 2014

    £310,000

    Key Metrics

    Estimated valuation£399,115
    Value per sq ft / m²£306/sq ft (£3,298/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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