16, Morrab Road - TR18 4EZ
Key Building Insights
16, Morrab Road is a residential building situated on Morrab Road, Penzance, TR18 with 4 addresses.
It ranks as the 483rd largest of the 695 buildings in the TR18 area.
The building contains a total of 4 properties: 1 flat and 3 other properties.
- Ave. Sale Price
- £112,668
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £636pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £374/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Building Insights
16, Morrab Road is a residential building situated on Morrab Road, Penzance, TR18 with 4 addresses.
It ranks as the 483rd largest of the 695 buildings in the TR18 area.
The building contains a total of 4 properties: 1 flat and 3 other properties.
- Ave. Sale Price
- £112,668
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £636pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £374/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Properties on Morrab Road, Penzance, TR18
- Flat 1, 16 Morrab Road
Period Flat
- Flat 2, 16 Morrab Road
Period Flat
- Flat 3, 16 Morrab Road
1 Bed Period Flat
- Flat 4, 16 Morrab Road
Period Flat
Sales Market Trends
The last sale in 16, Morrab Road sold for £280,000 on 2nd July 2004. Since then prices are down an average of 0.0%.
The current average value in the building is £112,668.
The 16, Morrab Road Sales Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £112,668 |
| June 2025 | -1.1% | £115,887 |
| June 2024 | 2% | £117,205 |
| June 2023 | -2.9% | £114,949 |
| June 2022 | 14.1% | £118,352 |
| June 2021 | 14.6% | £103,752 |
| June 2020 | 1.5% | £90,533 |
| June 2019 | -0.6% | £89,190 |
| June 2018 | 3% | £89,764 |
| June 2017 | 2.7% | £87,192 |
| June 2016 | 2.9% | £84,873 |
| June 2015 | 0.8% | £82,456 |
| June 2014 | 0.6% | £81,840 |
| June 2013 | 1% | £81,366 |
| June 2012 | -1.2% | £80,580 |
| June 2011 | -2.6% | £81,549 |
| June 2010 | 2.4% | £83,702 |
| June 2009 | -12.7% | £81,714 |
| June 2008 | -2.1% | £93,632 |
| June 2007 | 0% | £95,675 |
Rental Market Trends
The current average rental value in the building is £636.
The 16, Morrab Road Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £636pcm |
| June 2025 | 9.3% | £604pcm |
| June 2024 | 5.3% | £553pcm |
| June 2023 | 4% | £525pcm |
| June 2022 | 8.2% | £505pcm |
| June 2021 | 11.2% | £466pcm |
| June 2020 | 1.8% | £420pcm |
| June 2019 | 3.2% | £412pcm |
| June 2018 | 1.1% | £400pcm |
| June 2017 | -1.7% | £395pcm |
| June 2016 | 0.6% | £402pcm |
| June 2015 | 1.2% | £400pcm |
| June 2014 | 1.8% | £395pcm |
| June 2013 | -1.6% | £388pcm |
| June 2012 | 0.4% | £394pcm |
| June 2011 | 0.6% | £393pcm |
| June 2010 | 1.2% | £390pcm |
| June 2009 | -8.6% | £385pcm |
| June 2008 | 5.8% | £421pcm |
| June 2007 | 0% | £398pcm |
Sales History
The last recorded sale was on 2nd July 2004 for £280,000 and since then the market in the area has remained stable.
16, Morrab Road, Penzance, TR18 4EZ has had 1 sale since 1995, none of them in the last three years.
- Sold Jul 2004£280,000 | 1 Bed FlatFlat 3, 16, Morrab Road, Penzance, TR18 4EZFlat 3, 16, Morrab Road, Penzance, TR18 4EZ
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Oct 2024£625,000 | 4 Bed House29, Morrab Road, Penzance, TR18 4EZ29, Morrab Road, Penzance, TR18 4EZ
- Sold Sep 2022£589,000 | 5 Bed House21, Morrab Road, Penzance, TR18 4EZ21, Morrab Road, Penzance, TR18 4EZ
- Sold Apr 2023£580,000 | 5 Bed House51, Morrab Road, Penzance, TR18 4EX51, Morrab Road, Penzance, TR18 4EX
Schools Nearby
- St Mary's CofE Primary School, Penzance200 m away
- Alverton Primary School700 m away
- Pensans Community Primary School1.1 km away
- Humphry Davy School1.0 km away
- Mounts Bay Academy1.9 km away
- St Ives School10.4 km away
More reading links
Public Transport Nearby
The closest station to 16, Morrab Road, Penzance, TR18 4EZ is Penzance station, which is 800 metres away.
- Penzance|800 m away
- St Erth|9.0 km away
- Lelant Saltings|9.9 km away
- Carbis Bay|10.5 km away
