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39 Morrab Road, Penzance, Penwith, Cornwall, TR18 4EX

How much is 39 Morrab Road, Penzance, Penwith, Cornwall, TR18 4EX worth?

Estimated value — July 2026

£148,000

Likely range £113,000 – £208,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale November 1997

48%

confidence

Medium

Typically within 13% of the sale price

Property details

Flat / Maisonette

Morrab Road · Penzance · TR18 4EX

Address

District
Penwith
County
Cornwall
See house prices in TR18 →

Value over time

  • Modelled value
  • Likely range (80%)
  • Today's estimate
£0£50k£100k£150k£200k£250k20002002200420062008201020122014201620182020202220242026£148,000

Modelled by indexing this property's most recent recorded sale, month by month, against the UK House Price Index for its area and property type. Earlier sales are shown as recorded. Today's estimate also uses the property's earlier sales, so it can sit a little off the line. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from the most recent sale.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£42,204£35,601 – £46,431
2001£51,169£43,192 – £57,068
2002£71,080£59,792 – £80,273
2003£84,854£70,688 – £97,049
2004£102,617£85,275 – £118,216
2005£104,944£87,228 – £122,812
2006£111,350£92,817 – £133,030
2007£119,186£99,425 – £145,172
2008£102,510£85,256 – £126,194
2009£100,063£82,325 – £124,093
2010£101,250£82,812 – £127,749
2011£97,189£79,612 – £122,763
2012£94,491£77,503 – £120,462
2013£96,643£78,445 – £124,754
2014£100,135£82,514 – £129,270
2015£104,091£86,476 – £135,089
2016£105,351£87,190 – £138,114
2017£111,277£92,255 – £151,152
2018£113,015£94,461 – £158,847
2019£113,478£95,023 – £161,645
2020£121,331£101,251 – £172,218
2021£130,990£108,995 – £185,358
2022£144,058£119,245 – £204,828
2023£136,265£114,628 – £196,105
2024£133,096—
2025£125,942—
2026£122,887—

Sale history

1996Sold
£48,000
1997Sold
-39%£29,500
2026Today — estimated
+402%£148,000

Mortgage calculator

£794

Estimated monthly repayment

£133,200

Loan amount

£152,757

Total interest

£285,957

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

39 Morrab Road, Penzance, Penwith, Cornwall, TR18 4EX is a flat on Morrab Road in Penzance, Cornwall. Stede's estimated value for July 2026 is £148,000. Four in five similar homes sold within their likely range when tested; for this property that range is £113,000 to £208,000. It re-indexes the property's recorded sale prices to today using the UK House Price Index. The confidence score is 48 out of 100 (medium): estimates like this one are typically within 13% of the eventual sale price.

It last sold in November 1997 for £29,500. It has 2 sales on record, the earliest in 1996. The current estimate is 402% higher than that price. The current owner has held it for about 29 years.

The modelled value is down 4% over the past year and down 3% over the past five years.

Among 10 nearby properties Stede tracks in the TR18 area, estimated values run from £121,000 to £555,000. This flat's £148,000 sits around the middle of that range.

Common questions

How much is 39 Morrab Road, Penzance, Penwith, Cornwall, TR18 4EX worth?

Stede estimates 39 Morrab Road, Penzance, Penwith, Cornwall, TR18 4EX is worth £148,000 as of July 2026, within a likely range of £113,000 to £208,000. The estimate is generated automatically from recorded sale prices and the UK House Price Index, and is not a formal valuation.

When did 39 Morrab Road, Penzance, Penwith, Cornwall, TR18 4EX last sell?

It last sold in November 1997 for £29,500. There are 2 sales on record, the earliest in 1996.

What type of property is 39 Morrab Road, Penzance, Penwith, Cornwall, TR18 4EX?

It is recorded as a Flat / Maisonette on Morrab Road in the TR18 postcode area.

How reliable is this estimate?

The confidence score is 48 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 13% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

Stede re-indexes this property's recorded sale prices to today using the House Price Index for its type and region, and tests the result against real sales to set the likely range and confidence. Full detail is on the methodology page.

How we calculated this

This estimate re-indexes the property's recorded sale prices to today with the UK House Price Index for its area and type. Its range and confidence come from testing the same method against 39,841 real sales of similar homes.

2

Valuation methods used

2

Recorded sales on file

1997

Most recent recorded sale

Read the full methodology and data sources →