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9 Alverne Buildings, Penzance, Penwith, Cornwall, TR18 2RR

How much is 9 Alverne Buildings, Penzance, Penwith, Cornwall, TR18 2RR worth?

Estimated value — November 2026

£196,000

Likely range £149,000 – £232,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale September 1995

59%

confidence

Medium

Typically within 10% of the sale price

Property details

Mid-terrace house

Alverne Buildings · Penzance · TR18 2RR

65 m²700 sq ftFloor area
1900-1929Built
Electric storage heatersHeating

Energy performance

Current ratingE45
PotentialB89

Electricity (Not Community) · EPC 0350-2863-7328-9498-9035 · inspected February 2018

Address

District
Penwith
County
Cornwall
See house prices in TR18 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k20002002200420062008201020122014201620182020202220242026£196,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£49,022£40,940 – £57,075
2001£58,376£48,283 – £68,154
2002£80,078£65,748 – £93,378
2003£96,927£78,999 – £113,072
2004£118,460£95,661 – £138,533
2005£122,592£98,015 – £143,952
2006£133,239£105,645 – £156,894
2007£142,403£112,221 – £168,542
2008£123,950£97,571 – £147,175
2009£127,244£99,852 – £151,957
2010£131,408£102,947 – £157,642
2011£126,039£110,153 – £138,207
2012£125,654£108,842 – £138,531
2013£129,159£110,876 – £143,163
2014£135,110£114,937 – £150,562
2015£142,038£119,729 – £159,126
2016£140,933£117,705 – £158,725
2017£148,920£123,220 – £168,605
2018£153,876£126,127 – £175,130
2019£157,291£127,706 – £179,951
2020£174,604£140,409 – £200,796
2021£187,622£149,422 – £216,881
2022£212,325£167,449 – £246,698
2023£200,770£156,779 – £234,465
2024£200,989£155,391 – £235,915
2025£196,360£150,289 – £231,648
2026£196,000£149,000 – £232,000

Sale history

1995Sold
£30,000
2026Today — estimated
+553%£196,000

Mortgage calculator

£1,052

Estimated monthly repayment

£176,400

Loan amount

£202,300

Total interest

£378,700

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

9 Alverne Buildings, Penzance, Penwith, Cornwall, TR18 2RR is a mid-terrace house on Alverne Buildings in Penzance, Cornwall. Stede's estimated value for November 2026 is £196,000. Four in five similar homes sold within their likely range when tested; for this property that range is £149,000 to £232,000. It combines their price per m² applied to its floor area (50%), its own last sale brought up to date with the House Price Index (25%) and recent sales of 106 similar homes in the same postcode sector (25%). The confidence score is 59 out of 100 (medium): estimates like this one are typically within 10% of the eventual sale price.

It last sold in September 1995 for £30,000. The current estimate is 553% higher than that price. The current owner has held it for about 31 years.

Its EPC energy-efficiency rating is band E (45 out of 100), with a potential of band B (89) after the recommended improvements. The certificate records a total floor area of 65 m² (700 sq ft). It was lodged in February 2018.

The modelled value is down 1% over the past year and up 4% over the past five years.

Among 10 nearby properties Stede tracks in the TR18 area, estimated values run from £178,000 to £228,000. This mid-terrace house's £196,000 sits around the middle of that range.

Common questions

How much is 9 Alverne Buildings, Penzance, Penwith, Cornwall, TR18 2RR worth?

Stede estimates 9 Alverne Buildings, Penzance, Penwith, Cornwall, TR18 2RR is worth £196,000 as of November 2026, within a likely range of £149,000 to £232,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 9 Alverne Buildings, Penzance, Penwith, Cornwall, TR18 2RR last sell?

It last sold in September 1995 for £30,000.

What type of property is 9 Alverne Buildings, Penzance, Penwith, Cornwall, TR18 2RR?

It is recorded as a Mid-terrace house on Alverne Buildings in the TR18 postcode area.

What is the EPC rating of 9 Alverne Buildings, Penzance, Penwith, Cornwall, TR18 2RR?

9 Alverne Buildings, Penzance, Penwith, Cornwall, TR18 2RR has an EPC energy-efficiency rating of band E (45 out of 100). Its potential rating after the recommended improvements is band B (89). The certificate records a floor area of 65 m² (700 sq ft). EPC data is published by the Ministry of Housing, Communities & Local Government and reflects the most recent certificate on record.

How reliable is this estimate?

The confidence score is 59 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 10% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines their price per m² applied to its floor area (50%), its own last sale brought up to date with the House Price Index (25%) and recent sales of 106 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 48,454 real sales of similar homes.

  • Recent price per m² in the same postcode sector, for its 65 m²£191,00350%
  • Its sale in September 1995, brought up to today with the House Price Index£173,76825%
  • 106 similar homes sold recently in the same postcode sector£229,26625%

Estimate £196,000, likely £149,000 – £232,000

Read the full methodology and data sources →