3 North Parade

    3, NORTH PARADE, PENZANCE, TR18 4SH

    This terraced freehold property on North Parade last sold in February 2025 for £450,000. Based on price growth in the TR18 district since then, its estimated current value is £450,000 — placing it in the 74th percentile nationally and the 87th percentile within TR18. The property covers 150 m² (1,615 sq ft), giving an estimated value of £3,000 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,615 sq ft

    150 m²

    Last Sale Price

    £450,000

    Feb 2025

    Estimated Valuation

    £450,000

    Est. £/sq ft

    £279/sq ft

    £3,000/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area1,615 sq ft (150 m²)
    EPC dateApr 2024
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Feb 2025

    £450,000

    Key Metrics

    Estimated valuation£450,000
    Value per sq ft / m²£279/sq ft (£3,000/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile87th percentile
    National percentile74th 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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