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TR16 4AZ
Home, House Prices, Merritts Hill, Cornwall, South West
TR16 4AZ

Merritts Hill - TR16 4AZ

Last updated Jul 2026

Key Postcode Insights

TR16 4AZ is a residential postcode situated on Merritts Hill, Illogan, Redruth, TR16 with 4 addresses.

It ranks as the 151st largest and 460th most expensive of the 657 postcodes in the TR16 area. The most common property type is a modern house built after 1980.

The postcode contains a total of 4 properties: 4 houses.

Ave. Sale Price
£403,386
10 Year change
up 47.3%
Ave. Rental Price
£1,617pcm
10 Year change
up 73.0%
Ave. £ per ft²
£251/ft²
Ave. Gross Yield
4.8%/year/yr
All figures are subject to T&Cs
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Explore Propertiesin TR16 4AZ

House
2 houses
Group
0 flats

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Sales Market Trends

The last sale in TR16 4AZ sold for £350,000 on 15th March 2024. Since then prices are down an average of 3.6%.

The current average value in the postcode is £403,386.
The TR16 4AZ Sales Market has increased by 47.3% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-4.6%£403,386
June 2025-0.9%£422,796
June 2024-1.3%£426,767
June 20232.5%£432,604
June 202215.8%£422,064
June 202113.2%£364,329
June 20203.5%£321,738
June 20193.8%£310,915
June 20183.3%£299,630
June 20176%£290,191
June 20164.2%£273,812
June 20150.9%£262,870
June 20144.1%£260,421
June 2013-0.9%£250,131
June 2012-0.3%£252,363
June 20112.2%£253,137
June 20102.7%£247,657
June 2009-8.6%£241,032
June 2008-1.9%£263,685
June 20070%£268,754
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Rental Market Trends

The current average rental value in the postcode is £1,617.
The TR16 4AZ Rental Market has increased by 73.0% over the last 10 years.

PeriodYear on YearAverage Price
June 20264%£1,617pcm
June 20257.7%£1,555pcm
June 20245.6%£1,444pcm
June 20234.6%£1,367pcm
June 202210.1%£1,307pcm
June 202114.9%£1,187pcm
June 20201%£1,033pcm
June 20195.2%£1,022pcm
June 20182.8%£972pcm
June 20171.1%£945pcm
June 20162.3%£935pcm
June 20151.9%£914pcm
June 20142.7%£897pcm
June 2013-0.8%£873pcm
June 20121.3%£880pcm
June 20113.7%£869pcm
June 20105%£838pcm
June 2009-4.8%£797pcm
June 20083.8%£838pcm
June 20070%£807pcm
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Sales History

The last sale was on 15th March 2024 for £350,000 and since then the market in the area has decreased by 3.6%. The postcode has had a total of 1 sales since 1995.

TR16 4AZ has seen 1 sale in the last three years and no sales in the last twelve months.

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Nearby Postcodes

TR16 4AZ is the 151st largest and the 460th most expensive postcode out of the 657 postcodes in the TR16 area.

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Property Types

  • 2 modern houses built after 1980
  • 2 other addresses of unknown type
  • modern house (2)
  • Unknown (2)
Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys conducted for 2 properties.
  • The most common rating is B.
  • A (0)
  • E (0)
  • B (1)
  • F (0)
  • C (1)
  • G (0)
  • D (0)
  • No EPC (2)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to TR16 4AZ is Illogan School, which is 1.1 kilometres away.
  • Illogan School
    1.1 km away
  • Treloweth Community Primary School
    1.3 km away
  • Pennoweth Primary School
    2.4 km away
The nearest secondary school is Redruth School, which is 1.8 kilometres away.
  • Redruth School
    1.8 km away
  • Pool Academy
    1.9 km away
  • Camborne Science and International Academy
    5.1 km away
More reading links
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to TR16 4AZ is Redruth station, which is 2.6 kilometres away.

  • Redruth
    |
    2.6 km away
  • Camborne
    |
    4.7 km away
  • Perranwell
    |
    10.9 km away
  • Hayle
    |
    13.2 km away
Source: National Rail
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