Flat 3 16 Morrab Road

    FLAT 3 16, MORRAB ROAD, PENZANCE, PENZANCE, TR18 4EZ

    This terraced freehold property on Morrab Road last sold in July 2004 for £280,000. Based on price growth in the TR18 district since then, its estimated current value is £482,490 — placing it in the 77th percentile nationally and the 89th percentile within TR18. The property covers 28 m² (301 sq ft), giving an estimated value of £17,232 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    301 sq ft

    28 m²

    Last Sale Price

    £280,000

    Jul 2004

    Estimated Valuation

    £482,490

    Est. £/sq ft

    £1,601/sq ft

    £17,232/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms1
    Main fuelTo be used only when there is no heating/hot-water system or data is from a community network
    EPC currentE
    EPC potentialC
    Floor area301 sq ft (28 m²)
    EPC dateFeb 2024
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    2 Jul 2004

    £280,000

    Key Metrics

    Estimated valuation£482,490
    Value per sq ft / m²£1,601/sq ft (£17,232/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR18 district percentile89th percentile
    National percentile77th 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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