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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
According to the public record, 5, Morrab Terrace, Penzance is a period freehold house with 1,948 ft2 of internal area and sits on a 191 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Morrab Terrace, Penzance is £456,306 and the estimated rental value is £1,676 per month.
Morrab Terrace, Penzance, TR18 is located within the TR18 postal district.
5, Morrab Terrace, Penzance has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 5, Morrab Terrace, Penzance is in very good condition we estimate a sale value of £479,121 and a rental value of £1,760 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,365 and a rental value of £1,559 per month.
Over the last 12 months the sale value of 5 Morrab Terrace Penzance has decreased by an estimated £19,227 (4.2%) and its rental value has increased by an estimated £41 per month (2.4%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 5, Morrab Terrace, Penzance sits on a plot of 191m2.
We have plot size data on 7 out of 10 other houses in the postcode and 5, Morrab Terrace, Penzance sits on the 5th largest plot.
5, Morrab Terrace, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jul 2021.
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, 5, Morrab Terrace, Penzance was last sold on 27th September 2021 for £615,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Morrab Terrace, Penzance within a radius of 410 metres over the last 2 years.
The most recent example is 9, Morrab Terrace, Penzance, TR18 4DH, a freehold house which sold for £475,000 on the 31st March 2025.
Read more about house prices in TR18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morrab Terrace, Penzance, TR18 has a total of 10 addresses. According to our analysis of all the public data, 5, Morrab Terrace, Penzance is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £163k more expensive than the average property in TR18.
The closest station to 5, Morrab Terrace, Penzance is Penzance station which is 600 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 5, Morrab Terrace, 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 5, Morrab Terrace, 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 5, Morrab Terrace, 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 5, Morrab Terrace, 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 5, Morrab Terrace, 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.
