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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2 Morlanow, Penzance is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Morlanow, Penzance is £241,075 and the estimated rental value is £853 per month.
The apartment is within Morlanow, Alexandra Road, Penzance, TR18.
Alexandra Road, Penzance, TR18 is located within the TR18 postal district.
2 Morlanow, Penzance has a single entry in the Land Registry from March 2010 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 Morlanow, Penzance is in very good condition we estimate a sale value of £253,129 and a rental value of £895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,200 and a rental value of £793 per month.
Over the last 12 months the sale value of 2 Morlanow Penzance has decreased by an estimated £1,617 (0.7%) and its rental value has increased by an estimated £52 per month (6.1%), giving an expected gross yield of 4.2%.
2 Morlanow, Penzance has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 Morlanow, Penzance was last sold on 25th March 2010 for £159,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2010, the market for similar properties has risen 39.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Morlanow, Penzance within a radius of 650 metres over the last 2 years.
The most recent example is 11 Morlanow, Alexandra Road, Penzance, TR18 4FA, a leasehold flat which sold for £250,000 on the 15th January 2025.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexandra Road, Penzance, TR18 has a total of 153 addresses. According to our analysis of all the public data, 2 Morlanow, Penzance is the 88th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in TR18.
The closest station to 2 Morlanow, Penzance is Penzance station which is 1.2 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Morlanow, Penzance, 53.8% of property is privately rented and 20.0% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2 Morlanow, Penzance, 9.0% of residents are recorded as possessing school level qualifications and 30.2% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Morlanow, Penzance, the average age was 46.3 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2 Morlanow, Penzance, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2 Morlanow, Penzance, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.
