Lamorna Flats, Penberthy Road - TR16 4LS
Key Building Insights
Lamorna Flats, Penberthy Road is a residential building situated on Penberthy Road, Portreath, Redruth, TR16 with 4 addresses.
It ranks as the 116th largest and 75th most expensive of the 144 buildings in the TR16 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 4 flats.
- Ave. Sale Price
- £221,939
- 10 Year change
- up 32.1%
- Ave. Rental Price
- £883pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £369/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Building Insights
Lamorna Flats, Penberthy Road is a residential building situated on Penberthy Road, Portreath, Redruth, TR16 with 4 addresses.
It ranks as the 116th largest and 75th most expensive of the 144 buildings in the TR16 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 4 flats.
- Ave. Sale Price
- £221,939
- 10 Year change
- up 32.1%
- Ave. Rental Price
- £883pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £369/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertieson Penberthy Road, Portreath, Redruth, TR16
- 1 Lamorna Flats Penberthy Road
2 Bed Period Flat
- 2 Lamorna Flats Penberthy Road
2 Bed Period Flat
- 3 Lamorna Flats Penberthy Road
2 Bed Period Flat
- 4 Lamorna Flats Penberthy Road
2 Bed Period Flat
Sales Market Trends
The last sale in Lamorna Flats, Penberthy Road sold for £225,000 on 23rd February 2024. Since then prices are down an average of 1.4%.
The current average value in the building is £221,939.
The Lamorna Flats, Penberthy Road Sales Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £221,939 |
| June 2025 | -1.4% | £226,220 |
| June 2024 | -0.7% | £229,336 |
| June 2023 | 2.2% | £230,938 |
| June 2022 | 11.9% | £225,900 |
| June 2021 | 8.3% | £201,798 |
| June 2020 | 4.6% | £186,261 |
| June 2019 | 1.9% | £178,044 |
| June 2018 | 1.4% | £174,725 |
| June 2017 | 2.6% | £172,324 |
| June 2016 | 2.1% | £168,006 |
| June 2015 | 1.6% | £164,548 |
| June 2014 | 4.6% | £161,938 |
| June 2013 | -2.1% | £154,761 |
| June 2012 | -0.6% | £158,140 |
| June 2011 | -0.5% | £159,078 |
| June 2010 | 0.5% | £159,945 |
| June 2009 | -11.4% | £159,149 |
| June 2008 | -0.9% | £179,582 |
| June 2007 | 0% | £181,210 |
Rental Market Trends
The current average rental value in the building is £883.
The Lamorna Flats, Penberthy Road Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 6.7% | £883pcm |
| June 2025 | 7% | £827pcm |
| June 2024 | 5.6% | £773pcm |
| June 2023 | 4.6% | £731pcm |
| June 2022 | 6.6% | £699pcm |
| June 2021 | 10.4% | £656pcm |
| June 2020 | 2.1% | £594pcm |
| June 2019 | 3.4% | £582pcm |
| June 2018 | 0.8% | £563pcm |
| June 2017 | -1.4% | £558pcm |
| June 2016 | 0.7% | £566pcm |
| June 2015 | 2.1% | £562pcm |
| June 2014 | 3.2% | £550pcm |
| June 2013 | -1.5% | £533pcm |
| June 2012 | 0.9% | £541pcm |
| June 2011 | 1.3% | £537pcm |
| June 2010 | 2.6% | £530pcm |
| June 2009 | -7.4% | £516pcm |
| June 2008 | 4.7% | £558pcm |
| June 2007 | 0% | £533pcm |
Sales History
The last sale was on 23rd February 2024 for £225,000 and since then the market in the area has decreased by 1.4%. The building has had a total of 6 sales since 1995.
Lamorna Flats, Penberthy Road, Portreath, Redruth, TR16 4LS has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2024£225,000 | 2 Bed Flat1 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS1 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS
- Sold Nov 2022£240,000 | 2 Bed Flat2 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS2 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS
- Sold Mar 2014£92,000 | 2 Bed Flat2 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS2 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS
- Sold Sep 2013£95,000 | 2 Bed Flat1 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS1 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS
- Sold Aug 2013£72,000 | 2 Bed Flat3 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS3 Lamorna Flats, Penberthy Road, Redruth, TR16 4LS
Property Types
- 4 period flats built between 1800 and 1911
- period flat (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (2)
- C (0)
- G (1)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Apr 2024£790,000 | 5 Bed HouseGarryglass, Penberthy Road, Redruth, TR16 4LNGarryglass, Penberthy Road, Redruth, TR16 4LN
- Sold Mar 2024£603,000 | 4 Bed HouseTrevorran, Penberthy Road, Redruth, TR16 4LRTrevorran, Penberthy Road, Redruth, TR16 4LR
- Sold Nov 2024£485,000 | 3 Bed House8 Bassett Terrace, Penberthy Road, Redruth, TR16 4LT8 Bassett Terrace, Penberthy Road, Redruth, TR16 4LT
Schools Nearby
- Portreath Community Primary School200 m away
- Illogan School1.5 km away
- Treloweth Community Primary School3.6 km away
- Pool Academy3.7 km away
- Redruth School4.4 km away
- Camborne Science and International Academy5.6 km away
More reading links
Public Transport Nearby
The closest station to Lamorna Flats, Penberthy Road, Portreath, Redruth, TR16 4LS is Redruth station, which is 5.1 kilometres away.
- Redruth|5.1 km away
- Camborne|5.7 km away
- Hayle|12.7 km away
- Perranwell|13.2 km away
