2 Parade Passage

    2, PARADE PASSAGE, PENZANCE, TR18 4SW

    This terraced freehold property on Parade Passage last sold in December 2023 for £410,000. Based on price growth in the TR18 district since then, its estimated current value is £421,763 — placing it in the 70th percentile nationally and the 84th percentile within TR18. The property covers 91 m² (980 sq ft), giving an estimated value of £4,635 per m². The EPC rating is D, with a potential rating of B.

    See wider trends for Parade Passage →

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    980 sq ft

    91 m²

    Last Sale Price

    £410,000

    Dec 2023

    Estimated Valuation

    £421,763

    Est. £/sq ft

    £431/sq ft

    £4,635/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageB
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area980 sq ft (91 m²)
    EPC dateJun 2023
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2023

    £410,000

    26 May 2017

    £250,000

    3 Jan 2014

    £223,000

    7 Sept 2011

    £160,000

    Key Metrics

    Estimated valuation£421,763
    Value per sq ft / m²£431/sq ft (£4,635/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile84th percentile
    National percentile70th percentile

    District Context — TR18

    See wider trends for 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

    £306,145

    45

    National percentile

    12 month avg at 31 Jul 2026

    Average Net Household Income - TR18

    £30,355

    8

    National percentile

    2023 census data

    10-Year Annualised Price Growth - TR18

    4.3%

    84

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - TR

    3.8%

    45

    National percentile

    Estimate at 31 Jul 2026

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