40, Morrab Road - TR18 4EX
Key Building Insights
40, Morrab Road is a residential building situated on Morrab Road, Penzance, TR18 with 6 addresses.
It ranks as the 585th largest and 26th 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 6 properties: 6 flats.
- Ave. Sale Price
- £104,797
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £627pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Building Insights
40, Morrab Road is a residential building situated on Morrab Road, Penzance, TR18 with 6 addresses.
It ranks as the 585th largest and 26th 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 6 properties: 6 flats.
- Ave. Sale Price
- £104,797
- 10 Year change
- up 32.7%
- Ave. Rental Price
- £627pcm
- 10 Year change
- up 58.1%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Properties on Morrab Road, Penzance, TR18
- Flat 1, 40 Morrab Road
1 Bed Period Flat
- Flat 2, 40 Morrab Road
1 Bed Period Flat
- Flat 3, 40 Morrab Road
1 Bed Period Flat
- Flat 4, 40 Morrab Road
1 Bed Period Flat
- Flat 5, 40 Morrab Road
1 Bed Period Flat
Sales Market Trends
The current average value in the building is £104,797.
The 40, Morrab Road Sales Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.8% | £104,797 |
| June 2025 | -1.1% | £107,792 |
| June 2024 | 2% | £109,018 |
| June 2023 | -2.9% | £106,919 |
| June 2022 | 14.1% | £110,085 |
| June 2021 | 14.6% | £96,505 |
| June 2020 | 1.5% | £84,209 |
| June 2019 | -0.6% | £82,960 |
| June 2018 | 3% | £83,494 |
| June 2017 | 2.7% | £81,101 |
| June 2016 | 2.9% | £78,944 |
| June 2015 | 0.8% | £76,696 |
| June 2014 | 0.6% | £76,123 |
| June 2013 | 1% | £75,682 |
| June 2012 | -1.2% | £74,951 |
| June 2011 | -2.6% | £75,853 |
| June 2010 | 2.4% | £77,855 |
| June 2009 | -12.7% | £76,006 |
| June 2008 | -2.1% | £87,091 |
| June 2007 | 0% | £88,992 |
Rental Market Trends
The current average rental value in the building is £627.
The 40, Morrab Road Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.3% | £627pcm |
| June 2025 | 9.3% | £596pcm |
| June 2024 | 5.3% | £545pcm |
| June 2023 | 4% | £518pcm |
| June 2022 | 8.2% | £498pcm |
| June 2021 | 11.2% | £460pcm |
| June 2020 | 1.8% | £414pcm |
| June 2019 | 3.2% | £407pcm |
| June 2018 | 1.1% | £394pcm |
| June 2017 | -1.7% | £390pcm |
| June 2016 | 0.6% | £397pcm |
| June 2015 | 1.2% | £394pcm |
| June 2014 | 1.8% | £390pcm |
| June 2013 | -1.6% | £383pcm |
| June 2012 | 0.4% | £389pcm |
| June 2011 | 0.6% | £387pcm |
| June 2010 | 1.2% | £385pcm |
| June 2009 | -8.6% | £380pcm |
| June 2008 | 5.8% | £416pcm |
| June 2007 | 0% | £393pcm |
Property Types
- 6 period flats built between 1800 and 1911
- period flat (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- 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, 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 40, Morrab Road, Penzance, TR18 4EX is Penzance station, which is 800 metres away.
- Penzance|800 m away
- St Erth|9.1 km away
- Lelant Saltings|9.9 km away
- Carbis Bay|10.5 km away
