Flat 3, 44 Morrab Road, Penzance, TR18 4EX is a leasehold flat built before 1900. The property offers approximately 570 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £135,209 , which equates to approximately £237 per square foot. It was last sold on 3 Feb 2020 for £115,000. Since then, the value has increased by £20,209, representing a 17.6% increase, or approximately 3.0% per year.

The current estimated value of £135,209 is:

  • 57.4% lower than the average property price on Morrab Road
  • 62.3% lower than the average in the TR18 4EX postcode area
  • and 55.6% lower than the average price for Penzance as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 31 May 2019, the property was recorded as owner-occupied.

View sold house prices in TR18 4EX

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£135,209
Price Per sq ft (estimate)
£237
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, 44 Morrab Road, Penzance, Cornwall, TR18 4EX has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 31 May 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 20 Oct 2008. The rating of E remains the same, but the energy efficiency score improved by 7.7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 150mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from granite or whin, as built, no insulation (assumed) to granite or whinstone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to TR18 4EX

21 st / 22
Price Rank
62% lower than average
11 th / 11
Size Rank
66% smaller than average
6 th / 11
Price Per Sq FT Rank
10% higher than average

Compared to other properties in TR18 4EX , this flat's estimated value ranks 21th out of 22. Based on price per square foot, it ranks 6th out of 11 properties. In terms of size, this home ranks 11th out of 11 properties in its postcode area.

Sale History

Today
£135,209
streetscan.co.uk estimate
+18 %
3 Feb 2020
£115,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 1, 17 Morrab Road, Penzance, TR18 4EZ
rooms: 2
size: 587 sq ft
sale price: £125,000
sale date: 16 Jul 2012
Flat 2, 17 Morrab Road, Penzance, TR18 4EZ
rooms: 3
size: 495 sq ft
sale price: £74,000
sale date: 11 Apr 2003
9A Morrab Road, Penzance, TR18 4EL
rooms: 3
size: 538 sq ft
sale price: £32,500
sale date: 11 Nov 1996

Data Sources

The property at Flat 3, 44 Morrab Road, Penzance, Cornwall, TR18 4EX appears once in the Land Registry records, with the transaction recorded on 3 Feb 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 May 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
↑