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The Flats, 22, Jelbert Way, Eastern Green, Penzance, Penwith, Cornwall, TR18 3DW

How much is The Flats, 22, Jelbert Way, Eastern Green, Penzance, Penwith, Cornwall, TR18 3DW worth?

Estimated value — November 2026

£61,000

Likely range £46,000 – £78,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale March 1999

50%

confidence

Medium

Typically within 13% of the sale price

Property details

Flat / Maisonette

Jelbert Way · Penzance · TR18 3DW

Address

District
Penwith
County
Cornwall
See house prices in TR18 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£20k£40k£60k£80k£100k20002002200420062008201020122014201620182020202220242026£61,000

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£22,588£19,549 – £26,536
2001£27,309£23,386 – £31,827
2002£37,828£32,011 – £44,201
2003£45,030£37,674 – £53,048
2004£54,300£44,932 – £64,464
2005£55,373£45,418 – £65,924
2006£58,585£47,690 – £69,932
2007£62,527£50,455 – £74,948
2008£53,623£42,823 – £64,712
2009£52,192£41,302 – £63,312
2010£52,658£41,322 – £64,349
2011£50,399£39,444 – £61,943
2012£48,857£38,112 – £60,465
2013£49,823£38,764 – £62,154
2014£51,472£39,952 – £64,425
2015£53,348£45,333 – £62,431
2016£53,834£45,264 – £63,547
2017£56,694£47,160 – £67,499
2018£57,409£47,240 – £68,934
2019£57,473£46,777 – £69,595
2020£61,266£49,314 – £74,811
2021£65,945£52,489 – £81,195
2022£72,306£56,904 – £89,762
2023£68,188£53,051 – £85,343
2024£66,401£51,065 – £83,781
2025£62,715£47,668 – £79,768
2026£61,000£46,000 – £78,000

Sale history

1999Sold
£17,500
2026Today — estimated
+249%£61,000

Mortgage calculator

£327

Estimated monthly repayment

£54,900

Loan amount

£62,961

Total interest

£117,861

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

The Flats, 22, Jelbert Way, Eastern Green, Penzance, Penwith, Cornwall, TR18 3DW is a flat on Jelbert Way in Penzance, Cornwall. Stede's estimated value for November 2026 is £61,000. Four in five similar homes sold within their likely range when tested; for this property that range is £46,000 to £78,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 5 similar homes in the same postcode (25%). The confidence score is 50 out of 100 (medium): estimates like this one are typically within 13% of the eventual sale price.

It last sold in March 1999 for £17,500. The current estimate is 249% higher than that price. The current owner has held it for about 27 years.

The modelled value is down 4% over the past year and down 8% over the past five years.

Among 10 nearby properties Stede tracks in the TR18 area, estimated values run from £60,000 to £66,000. This flat's £61,000 sits toward the lower end of that range.

Common questions

How much is The Flats, 22, Jelbert Way, Eastern Green, Penzance, Penwith, Cornwall, TR18 3DW worth?

Stede estimates The Flats, 22, Jelbert Way, Eastern Green, Penzance, Penwith, Cornwall, TR18 3DW is worth £61,000 as of November 2026, within a likely range of £46,000 to £78,000. 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 The Flats, 22, Jelbert Way, Eastern Green, Penzance, Penwith, Cornwall, TR18 3DW last sell?

It last sold in March 1999 for £17,500.

What type of property is The Flats, 22, Jelbert Way, Eastern Green, Penzance, Penwith, Cornwall, TR18 3DW?

It is recorded as a Flat / Maisonette on Jelbert Way in the TR18 postcode area.

How reliable is this estimate?

The confidence score is 50 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 13% 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 its own last sale brought up to date with the House Price Index (75%) and recent sales of 5 similar homes in the same postcode (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 1,742 real sales of similar homes.

  • Its sale in March 1999, brought up to today with the House Price Index£60,34675%
  • 5 similar homes sold recently in the same postcode£63,06325%

Estimate £61,000, likely £46,000 – £78,000

Read the full methodology and data sources →