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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, Flat 2, 16A, Morrab Place, Penzance is a period apartment with 204 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 16A, Morrab Place, Penzance is £108,149 and the estimated rental value is £536 per month.
The apartment is within 16A, Morrab Place, Penzance, TR18.
Morrab Place, Penzance, TR18 is located within the TR18 postal district.
Flat 2, 16A, Morrab Place, Penzance has no records in the the Land Registry and a single entry in the EPC database dated January 2019.
We combine this information with public data 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 Flat 2, 16A, Morrab Place, Penzance is in very good condition we estimate a sale value of £113,557 and a rental value of £563 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £100,579 and a rental value of £499 per month.
Over the last 12 months the sale value of Flat 2 16A Morrab Place Penzance has decreased by an estimated £3,510 (3.2%) and its rental value has increased by an estimated £26 per month (4.9%), giving an expected gross yield of 5.9%.
Flat 2, 16A, Morrab Place, Penzance has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Jan 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, 16A, Morrab Place, Penzance within a radius of 410 metres over the last 2 years.
The most recent example is Market House, Market Place, Penzance, TR18 2JG, a leasehold flat which sold for £1,100,000 on the 24th November 2022.
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, Flat 2, 16A, Morrab Place, Penzance is the 24th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in TR18.
The closest station to Flat 2, 16A, Morrab Place, Penzance is Penzance station which is 700 metres 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 Flat 2, 16A, 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 Flat 2, 16A, 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 Flat 2, 16A, 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 Flat 2, 16A, 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 Flat 2, 16A, 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.
