1 Morrab Terrace

    1, MORRAB TERRACE, PENZANCE, TR18 4DH

    This terraced freehold property on Morrab Terrace last sold in August 2014 for £452,000. Based on price growth in the TR18 district since then, its estimated current value is £664,080 — placing it in the 89th percentile nationally and the 97th percentile within TR18. The property covers 206 m² (2,217 sq ft), giving an estimated value of £3,224 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    2,217 sq ft

    206 m²

    Last Sale Price

    £452,000

    Aug 2014

    Estimated Valuation

    £664,080

    Est. £/sq ft

    £300/sq ft

    £3,224/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,217 sq ft (206 m²)
    EPC dateAug 2013
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Aug 2014

    £452,000

    20 Aug 2002

    £185,000

    Key Metrics

    Estimated valuation£664,080
    Value per sq ft / m²£300/sq ft (£3,224/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile97th percentile
    National percentile89th 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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