Average Price for property in Morrab Place, Penzance, TR18 is around £290,712 which varies based on type of property you are interested in and ranges from £535,566 for detached house to around £304,445 for semi-detached. Similarly terraced house is around £288,042 and a flat is worth £155,511. Values have been changing and have risen £1,939 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,893 in last 6 months, £17,571 in last 1 year, £23,263 in last 2 years, £24,577 in last 3 years, £15,672 in last 4 years and £28,650 in last 5 years.
Currently average asking price of a property in Morrab Place, Penzance, TR18 is around £236,432 based on approximately 2 properties for sale. Same is the case with rental options based on 57 properties up for rent, average asking rent is around £586 per month.
Estimated property value in Morrab Place, Penzance, TR18 is £290,712. Average asking price is £236,432 while average price paid is £224,000 which is up by £17,571 and Avg. asking rent £586.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Morrab Place, Penzance, TR18 area. In last 1 year alone average price buyer paid is around £224,000 based on approximately 2 sales in Morrab Place, Penzance, TR18 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £247,783. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £248,100 for 7 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £271,654 per sale.