Market Strand - TR11 3HB
Key Postcode Insights
TR11 3HB is a residential postcode situated on Market Strand, Falmouth, TR11 with 8 addresses.
It ranks as the 223rd largest and 230th most expensive of the 978 postcodes in the TR11 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 8 properties: 6 flats and 2 other properties.
- Ave. Sale Price
- £274,536
- 10 Year change
- up 21.0%
- Ave. Rental Price
- £1,305pcm
- 10 Year change
- up 62.7%
- Ave. £ per ft²
- £391/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
TR11 3HB is a residential postcode situated on Market Strand, Falmouth, TR11 with 8 addresses.
It ranks as the 223rd largest and 230th most expensive of the 978 postcodes in the TR11 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 8 properties: 6 flats and 2 other properties.
- Ave. Sale Price
- £274,536
- 10 Year change
- up 21.0%
- Ave. Rental Price
- £1,305pcm
- 10 Year change
- up 62.7%
- Ave. £ per ft²
- £391/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin TR11 3HB
- 1 Market Strand
Building | 2 Flats
- 2 Mulberry Court Market Strand
3 Bed Period Flat
- 3 Mulberry Court Market Strand
2 Bed Period Flat
- 4 Mulberry Court Market Strand
3 Bed Period Flat
- 5 Market Strand
Building | 2 Flats
Sales Market Trends
The last sale in TR11 3HB sold for £272,000 on 31st March 2025. Since then prices are down an average of 1.6%.
The current average value in the postcode is £274,536.
The TR11 3HB Sales Market has increased by 21.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £274,536 |
| June 2025 | -1.1% | £278,661 |
| June 2024 | 0.3% | £281,875 |
| June 2023 | 0.5% | £281,143 |
| June 2022 | 9.3% | £279,709 |
| June 2021 | 6.2% | £255,863 |
| June 2020 | 4.6% | £240,985 |
| June 2019 | -0.2% | £230,380 |
| June 2018 | -0.1% | £230,735 |
| June 2017 | 1.8% | £231,023 |
| June 2016 | 7.3% | £226,832 |
| June 2015 | 7.2% | £211,320 |
| June 2014 | 1.6% | £197,117 |
| June 2013 | -1.5% | £194,102 |
| June 2012 | 0.3% | £197,014 |
| June 2011 | 2% | £196,455 |
| June 2010 | 1.2% | £192,569 |
| June 2009 | -7.8% | £190,378 |
| June 2008 | -2.8% | £206,498 |
| June 2007 | 0% | £212,395 |
Rental Market Trends
The current average rental value in the postcode is £1,305.
The TR11 3HB Rental Market has increased by 62.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.7% | £1,305pcm |
| June 2025 | 5.3% | £1,236pcm |
| June 2024 | 8.5% | £1,173pcm |
| June 2023 | 0.9% | £1,082pcm |
| June 2022 | 10.3% | £1,072pcm |
| June 2021 | 14.1% | £971pcm |
| June 2020 | 3.4% | £851pcm |
| June 2019 | -0.8% | £824pcm |
| June 2018 | 2.7% | £830pcm |
| June 2017 | 0.7% | £808pcm |
| June 2016 | 0.5% | £802pcm |
| June 2015 | 1.6% | £799pcm |
| June 2014 | 3.8% | £786pcm |
| June 2013 | -2.3% | £757pcm |
| June 2012 | -0.2% | £775pcm |
| June 2011 | 2.1% | £776pcm |
| June 2010 | 4.9% | £760pcm |
| June 2009 | -7.2% | £725pcm |
| June 2008 | 1.2% | £781pcm |
| June 2007 | 0% | £772pcm |
Sales History
The last sale was on 31st March 2025 for £272,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 23 sales since 1995.
TR11 3HB has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£272,000 | 2 Bed Flat3 Mulberry Court, Market Strand, Falmouth, TR11 3HB3 Mulberry Court, Market Strand, Falmouth, TR11 3HB
- Sold Nov 2023£267,500 | 3 Bed Flat2 Mulberry Court, Market Strand, Falmouth, TR11 3HB2 Mulberry Court, Market Strand, Falmouth, TR11 3HB
- Sold Mar 2023£253,000 | 2 Bed Flat5 Mulberry Court, Market Strand, Falmouth, TR11 3HB5 Mulberry Court, Market Strand, Falmouth, TR11 3HB
- Sold Sep 2021£300,000 | 2 Bed Flat6 Mulberry Court, Market Strand, Falmouth, TR11 3HB6 Mulberry Court, Market Strand, Falmouth, TR11 3HB
- Sold Nov 2019£232,500 | 3 Bed Flat4 Mulberry Court, Market Strand, Falmouth, TR11 3HB4 Mulberry Court, Market Strand, Falmouth, TR11 3HB
Nearby Postcodes
TR11 3HB is the 223rd largest and the 230th most expensive postcode out of the 978 postcodes in the TR11 area.
- TR11 3ED, Market Strand, Falmouth, TR11TR11 3ED12 Addresses|12 m away
- TR11 3DE, Market Strand, Falmouth, TR11TR11 3DE1 Addresses|14 m away
- TR11 2AD, High Street, Falmouth, TR11TR11 2AD10 Addresses|32 m away
- TR11 3HD, Mulberry Quay, Falmouth, TR11TR11 3HD9 Addresses|38 m away
- TR11 3DB, Market Strand, Falmouth, TR11TR11 3DB8 Addresses|42 m away
Property Types
- 7 period flats built between 1800 and 1911
- 1 modern flat built after 1980
- period flat (7)
- modern flat (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Sep 2021£300,000 | 2 Bed Flat6 Mulberry Court, Market Strand, Falmouth, TR11 3HB6 Mulberry Court, Market Strand, Falmouth, TR11 3HB
- Sold Mar 2025£272,000 | 2 Bed Flat3 Mulberry Court, Market Strand, Falmouth, TR11 3HB3 Mulberry Court, Market Strand, Falmouth, TR11 3HB
- Sold Nov 2023£267,500 | 3 Bed Flat2 Mulberry Court, Market Strand, Falmouth, TR11 3HB2 Mulberry Court, Market Strand, Falmouth, TR11 3HB
Schools Nearby
- Falmouth Primary Academy600 m away
- Flushing School900 m away
- King Charles Church of England Primary School900 m away
- Falmouth School1.7 km away
- Penryn College3.4 km away
- Richard Lander School11.7 km away
More reading links
Public Transport Nearby
The closest station to TR11 3HB is Falmouth Town station, which is 1.0 kilometres away.
- Falmouth Town|1.0 km away
- Penmere|1.1 km away
- Falmouth Docks|1.3 km away
- Penryn (Cornwall)|3.2 km away
