2 Wellington Terrace

    2, WELLINGTON TERRACE, PENZANCE, TR18 4SS

    This terraced freehold property on Wellington Terrace last sold in December 2024 for £500,000. Based on price growth in the TR18 district since then, its estimated current value is £474,026 — placing it in the 76th percentile nationally and the 89th percentile within TR18. The property covers 174 m² (1,873 sq ft), giving an estimated value of £2,724 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,873 sq ft

    174 m²

    Last Sale Price

    £500,000

    Dec 2024

    Estimated Valuation

    £474,026

    Est. £/sq ft

    £253/sq ft

    £2,724/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,873 sq ft (174 m²)
    EPC dateMay 2024
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Dec 2024

    £500,000

    29 Oct 1999

    £99,950

    Key Metrics

    Estimated valuation£474,026
    Value per sq ft / m²£253/sq ft (£2,724/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile89th percentile
    National percentile76th 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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