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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 21, Morrab Place, Penzance is £589,979 and the estimated rental value is £1,332 per month.
Morrab Place, Penzance, TR18 is located within the TR18 postal district.
21, Morrab Place, Penzance has 21 entries in the Land Registry , most recently in December 2011 and a single entry in the EPC database dated March 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 21, Morrab Place, Penzance is in very good condition we estimate a sale value of £619,478 and a rental value of £1,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £548,681 and a rental value of £1,238 per month.
Over the last 12 months the sale value of 21 Morrab Place Penzance has decreased by an estimated £18,056 (3.1%) and its rental value has increased by an estimated £50 per month (3.7%), giving an expected gross yield of 2.7%.
According to data from HM Land Registry, 21, Morrab Place, Penzance sits on a plot of 164m2.
We have plot size data on 5 out of 5 other houses in the postcode and 21, Morrab Place, Penzance sits on the 4th largest plot.
21, Morrab Place, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2025.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 21, Morrab Place, Penzance was last sold on 16th December 2011 for £340,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2011, the market for similar properties has risen 71.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 21, Morrab Place, Penzance within a radius of 430 metres over the last 2 years.
The most recent example is 3, Cornwall Terrace, Penzance, TR18 4HN, a freehold house which sold for £600,000 on the 1st October 2025.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morrab Place, Penzance, TR18 has a total of 32 addresses. According to our analysis of all the public data, 21, Morrab Place, Penzance is the 8th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £297k more expensive than the average property in TR18.
The closest station to 21, Morrab Place, Penzance is Penzance station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 21, Morrab Place, Penzance, 50.9% of property is privately rented and 33.5% 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 21, Morrab Place, Penzance, 8.9% of residents are recorded as possessing school level qualifications and 41.0% 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 21, Morrab Place, 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 21, Morrab Place, Penzance, 1.0% 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 21, Morrab Place, Penzance, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.