Our Data Sources
3, Morrab Terrace, Penzance has 21 entries in the Land Registry, most recently in February 2019 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
In very good condition, we estimate 3, Morrab Terrace, Penzance would be worth £416,485, with a potential rental value of £1,509 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £368,887, with a rental value of £1,336 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
3, Morrab Terrace, Penzance occupies a 200 m2 plot as recorded by HM Land Registry.
Of the 10 other houses in this postcode, 7 have recorded plot sizes, and this one ranks as the 3rd largest.
Sold Prices
3, Morrab Terrace, Penzance last changed hands on 15th February 2019, selling for £445,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 38.4% since February 2019.
- Sold Feb 2019£445,000
- Sold Aug 1999£108,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 31 sales of comparable properties within 410 metres of 3, Morrab Terrace, Penzance since 2007.
Most recently, 1, South Terrace, Penzance, TR18 4DP, a freehold house, sold at £400,000 on the 6th January 2025.
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 Feb 2024£325,650 | 4 Bed House20, Alma Terrace, Penzance, TR18 2BY20, Alma Terrace, Penzance, TR18 2BY
- Sold May 2023£350,000 | 4 Bed House2, Clarence Street, Penzance, TR18 2NU2, Clarence Street, Penzance, TR18 2NU
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 £490,681, ranging from £238,454 to £775,553.
- 2 Morrab Terrace
4 Bed House | 6 m | Est. Value: £402,443
- 5 Morrab Terrace
5 Bed House | 11 m | Est. Value: £452,772
- 1 Morrab Terrace
5 Bed House | 12 m | Est. Value: £482,618
- 3 St. Marys Place
5 Bed House | 33 m | Est. Value: £775,553
- 9 Morrab Terrace
5 Bed House | 34 m | Est. Value: £467,435
Location Comparison
Our analysis of the public data ranks 3, Morrab Terrace, Penzance as the 10th largest and the 10th most expensive of the 10 addresses on Morrab Terrace, Penzance, TR18.
Against the TR18 postcode district average, it is £108k more expensive than the typical property.
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
Environment Agency data suggests this area has a Very Low risk of flooding.












