Flat 5 9 Morrab Road

    FLAT 5 9, MORRAB ROAD, PENZANCE, TR18 4EL

    This flat/maisonette leasehold property on Morrab Road last sold in May 2024 for £75,000. Based on price growth in the TR18 district since then, its estimated current value is £72,430 — placing it in the 1st percentile nationally and the 1st percentile within TR18. The property covers 30 m² (323 sq ft), giving an estimated value of £2,414 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    323 sq ft

    30 m²

    Last Sale Price

    £75,000

    May 2024

    Estimated Valuation

    £72,430

    Est. £/sq ft

    £224/sq ft

    £2,414/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms1
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area323 sq ft (30 m²)
    EPC dateApr 2012
    WallsTimber frame, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 May 2024

    £75,000

    7 Sept 2012

    £45,000

    Key Metrics

    Estimated valuation£72,430
    Value per sq ft / m²£224/sq ft (£2,414/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile1st percentile
    National percentile1st 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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