Flat 1 44 Morrab Road

    FLAT 1 44, MORRAB ROAD, PENZANCE, TR18 4EX

    This flat/maisonette leasehold property on Morrab Road last sold in May 2017 for £110,000. Based on price growth in the TR18 district since then, its estimated current value is £112,349 — placing it in the 6th percentile nationally and the 4th percentile within TR18. The property covers 61 m² (657 sq ft), giving an estimated value of £1,842 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £110,000

    May 2017

    Estimated Valuation

    £112,349

    Est. £/sq ft

    £171/sq ft

    £1,842/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area657 sq ft (61 m²)
    EPC dateAug 2012
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    10 May 2017

    £110,000

    21 Aug 2012

    £135,000

    Key Metrics

    Estimated valuation£112,349
    Value per sq ft / m²£171/sq ft (£1,842/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile4th percentile
    National percentile6th 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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