Our Data Sources
2, Morrab Terrace, Penzance has a single entry in the Land Registry from February 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Morrab Terrace, Penzance, we estimate a market value of £422,566 and a rental value of £1,511 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £374,272 and £1,338 per month respectively.
Plot Size
HM Land Registry records the plot of land for 2, Morrab Terrace, Penzance as measuring 179 m2.
That makes it the 7th largest plot in the postcode, where 7 of the 10 other houses have recorded plot data.
Sold Prices
The most recent sale of 2, Morrab Terrace, Penzance completed on 22nd February 2016 at £425,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 53.4% over the period since February 2016.
- Sold Feb 2016£425,000
Similar Properties Sold Nearby
Since 2007 27 properties similar to 2, Morrab Terrace, Penzance have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th January 2025, was 1, South Terrace, Penzance, TR18 4DP, a freehold house which sold for £400,000.
Read more about house prices in TR18.
- Sold Jan 2025£400,000 | 4 Bed House1, South Terrace, Penzance, TR18 4DP1, South Terrace, Penzance, TR18 4DP
- Sold Jun 2024£450,000 | 4 Bed House9, Victoria Place, Penzance, TR18 4DB9, Victoria Place, Penzance, TR18 4DB
- Sold Apr 2024£425,000 | 4 Bed HouseRegent Cottage, Regent Terrace, Penzance, TR18 4DNRegent Cottage, Regent Terrace, Penzance, TR18 4DN
- Sold May 2023£350,000 | 4 Bed House2, Clarence Street, Penzance, TR18 2NU2, Clarence Street, Penzance, TR18 2NU
- Sold Mar 2022£450,000 | 4 Bed House3, Penlee View Terrace, Penzance, TR18 4HZ3, Penlee View Terrace, Penzance, TR18 4HZ
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £492,914, ranging from £238,454 to £775,553.
- 3 Morrab Terrace
4 Bed House | 6 m | Est. Value: £396,653
- 1 Morrab Terrace
5 Bed House | 6 m | Est. Value: £482,618
- 5 Morrab Terrace
5 Bed House | 17 m | Est. Value: £452,772
- 3 St. Marys Place
5 Bed House | 29 m | Est. Value: £775,553
- 2 St. Marys Place
4 Bed House | 36 m | Est. Value: £623,071
Location Comparison
Of the 10 addresses on Morrab Terrace, Penzance, TR18, 2, Morrab Terrace, Penzance comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £113k more expensive than the average property across the TR18 district.
More reading links
Schools Nearby
- St Mary's CofE Primary School, Penzance400 m away
- Alverton Primary School800 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
- Penzance|600 m away
- St Erth|8.9 km away
- Lelant Saltings|9.8 km away
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.












