3, Morrab Road - TR18 4EL
Key Building Insights
3, Morrab Road is a residential building situated on Morrab Road, Penzance, TR18 with 2 addresses.
It ranks as the 163rd largest and 8th most expensive of the 695 buildings in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £80,107
- 10 Year change
- up 32.8%
- Ave. Rental Price
- £490pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £191/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Building Insights
3, Morrab Road is a residential building situated on Morrab Road, Penzance, TR18 with 2 addresses.
It ranks as the 163rd largest and 8th most expensive of the 695 buildings in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £80,107
- 10 Year change
- up 32.8%
- Ave. Rental Price
- £490pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £191/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Properties on Morrab Road, Penzance, TR18
- Flat 1, 3 Morrab Road
1 Bed Period Flat
- Flat 3, 3 Morrab Road
1 Bed Period Flat
Sales Market Trends
The current average value in the building is £80,107.
The 3, Morrab Road Sales Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £80,107 |
| June 2025 | -1.1% | £82,398 |
| June 2024 | 2% | £83,324 |
| June 2023 | -2.9% | £81,715 |
| June 2022 | 14.1% | £84,142 |
| June 2021 | 14.6% | £73,757 |
| June 2020 | 1.5% | £64,353 |
| June 2019 | -0.6% | £63,403 |
| June 2018 | 3% | £63,812 |
| June 2017 | 2.7% | £61,983 |
| June 2016 | 2.9% | £60,332 |
| June 2015 | 0.7% | £58,615 |
| June 2014 | 0.6% | £58,185 |
| June 2013 | 1% | £57,850 |
| June 2012 | -1.2% | £57,292 |
| June 2011 | -2.6% | £57,979 |
| June 2010 | 2.4% | £59,514 |
| June 2009 | -12.7% | £58,103 |
| June 2008 | -2.1% | £66,588 |
| June 2007 | 0% | £68,044 |
Rental Market Trends
The current average rental value in the building is £490.
The 3, Morrab Road Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £490pcm |
| June 2025 | 9.3% | £466pcm |
| June 2024 | 5.3% | £426pcm |
| June 2023 | 4% | £405pcm |
| June 2022 | 8.2% | £389pcm |
| June 2021 | 11.2% | £360pcm |
| June 2020 | 1.8% | £324pcm |
| June 2019 | 3.2% | £318pcm |
| June 2018 | 1.1% | £308pcm |
| June 2017 | -1.7% | £305pcm |
| June 2016 | 0.6% | £310pcm |
| June 2015 | 1.2% | £308pcm |
| June 2014 | 1.8% | £305pcm |
| June 2013 | -1.6% | £299pcm |
| June 2012 | 0.4% | £304pcm |
| June 2011 | 0.6% | £303pcm |
| June 2010 | 1.2% | £301pcm |
| June 2009 | -8.6% | £297pcm |
| June 2008 | 5.8% | £325pcm |
| June 2007 | 0% | £307pcm |
Property Types
- 2 period flats built between 1800 and 1911
- period flat (2)
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 (0)
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, Penzance300 m away
- Alverton Primary School700 m away
- Pensans Community Primary School1.0 km away
- Humphry Davy School900 m away
- Mounts Bay Academy1.8 km away
- St Ives School10.3 km away
More reading links
Public Transport Nearby
The closest station to 3, Morrab Road, Penzance, TR18 4EL is Penzance station, which is 700 metres away.
- Penzance|700 m away
- St Erth|9.0 km away
- Lelant Saltings|9.8 km away
- Carbis Bay|10.4 km away
