3 Merrill Place

    3, MERRILL PLACE, FALMOUTH, TR11 3BY

    This terraced freehold property on Merrill Place last sold in February 2023 for £295,000. Based on price growth in the TR11 district since then, its estimated current value is £315,108 — placing it in the 52nd percentile nationally and the 35th percentile within TR11. The property covers 75 m² (807 sq ft), giving an estimated value of £4,201 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    807 sq ft

    75 m²

    Last Sale Price

    £295,000

    Feb 2023

    Estimated Valuation

    £315,108

    Est. £/sq ft

    £390/sq ft

    £4,201/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area807 sq ft (75 m²)
    EPC dateJul 2021
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2023

    £295,000

    26 Nov 2021

    £285,000

    25 Jul 1996

    £38,000

    Key Metrics

    Estimated valuation£315,108
    Value per sq ft / m²£390/sq ft (£4,201/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR11 district percentile35th percentile
    National percentile52nd percentile

    District Context — TR11

    TR11 covers the Falmouth and Penryn areas on the Cornish coast, sitting at the southern tip of the Lizard Peninsula. It is a seaside community blending coastal appeal with a university presence, attracting both permanent residents and holiday-oriented investment.

    Average Property Price - TR11

    £424,023

    71

    National percentile

    Average Net Household Income - TR11

    £37,532

    47

    National percentile

    10-Year Annualised Price Growth - TR11

    3.7%

    56

    National percentile

    10-Year Annualised Rent Growth - TR

    3.9%

    50

    National percentile

    View full analysis for TR11

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