Flat, Morrab Villa
Flat, Morrab Villa
Description & Estimates
The public record describes Flat, Morrab Villa, Penzance as a period apartment with 660 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat, Morrab Villa, Penzance has an estimated sale value of £271,457 and an estimated rental value of £721 per month, assuming reasonable condition and based on the information available.
The apartment sits within Morrab Villa, Morrab Place, Penzance, TR18.
Morrab Place, Penzance, TR18 lies within the TR18 postal district.
Our Data Sources
Flat, Morrab Villa, Penzance has no records in the the Land Registry and a single entry in the EPC database dated October 2010.
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.
Price Range & Condition
In very good condition, we estimate Flat, Morrab Villa, Penzance would be worth £285,030, with a potential rental value of £757 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £252,455, with a rental value of £671 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat, Morrab Villa, Penzance has decreased by £4,597 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (5.1%). The property's estimated gross yield is currently 3.2%.
Energy Efficiency
Flat, Morrab Villa, Penzance has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Oct 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat, Morrab Villa, Penzance across the last 2 years.
Most recently, 1 Bell Tower, Chapel Street, Penzance, TR18 4AQ, a leasehold flat, sold at £250,000 on the 24th March 2023.
Read more about house prices in TR18.
- Sold Mar 2023£250,000 | 2 Bed FlatChapel Street1 Bell Tower, Chapel Street, Penzance, TR18 4AQ
- Sold Sep 2022£356,000 | 2 Bed FlatChapel Street6 St. Michaels Court, Chapel Street, Penzance, TR18 4AF
- Sold Dec 2020£168,000 | 2 Bed FlatPhoenix House 8, Parade StreetFlat 5, Phoenix House 8, Parade Street, Penzance, TR18 4BU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat, Morrab Villa, Penzance as the 22nd largest and the 22nd most expensive of the 32 addresses on Morrab Place, Penzance, TR18.
Against the TR18 postcode district average, it is £22k less expensive than the typical property.
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Schools Nearby
- 300mSt Mary's CofE Primary School, Penzance
- 800mAlverton Primary School
- 1.0kmPensans Community Primary School
- 900mHumphry Davy School
- 1.8kmMounts Bay Academy
- 10.3kmSt Ives School
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Public Transport Nearby
Penzance station is the nearest stop to Flat, Morrab Villa, Penzance at 700 metres away.
- 700mPenzance
- 9.0kmSt Erth
- 9.8kmLelant Saltings
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
