2 Chi Morvargh Kresennik Pennfenten

    2 CHI MORVARGH, KRESENNIK PENNFENTEN, NANSLEDAN, NEWQUAY, TR8 4FF

    This flat/maisonette leasehold property on Kresennik Pennfenten last sold in November 2024 for £107,500. Based on price growth in the TR8 district since then, its estimated current value is £78,366 — placing it in the 1st percentile nationally and the 2nd percentile within TR8. The property covers 80 m² (861 sq ft), giving an estimated value of £980 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £107,500

    Nov 2024

    Estimated Valuation

    £78,366

    Est. £/sq ft

    £91/sq ft

    £980/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateJun 2017
    WallsAverage thermal transmittance 0.19 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Nov 2024

    £107,500

    23 Jul 2021

    £48,750

    Key Metrics

    Estimated valuation£78,366
    Value per sq ft / m²£91/sq ft (£980/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TR8 district percentile2nd percentile
    National percentile1st percentile

    District Context — TR8

    TR8 covers the coastal towns and villages around the Lizard Peninsula in south Cornwall, including Mullion and Helston. It is a rural and coastal area with strong seasonal character, popular for its natural landscape and leisure appeal.

    Average Property Price - TR8

    £374,640

    62

    National percentile

    Average Net Household Income - TR8

    £37,781

    48

    National percentile

    10-Year Annualised Price Growth - TR8

    3.3%

    40

    National percentile

    10-Year Annualised Rent Growth - TR

    3.9%

    50

    National percentile

    View full analysis for TR8

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