Merritts Hill - TR16 4DF
Key Postcode Insights
TR16 4DF is a residential postcode situated on Merritts Hill, Illogan, Redruth, TR16 with 40 addresses.
It ranks as the 628th largest and 375th most expensive of the 657 postcodes in the TR16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 40 properties: 38 houses, 1 flat and 1 other property.
- Ave. Sale Price
- £377,385
- 10 Year change
- up 44.0%
- Ave. Rental Price
- £1,360pcm
- 10 Year change
- up 69.0%
- Ave. £ per ft²
- £338/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
TR16 4DF is a residential postcode situated on Merritts Hill, Illogan, Redruth, TR16 with 40 addresses.
It ranks as the 628th largest and 375th most expensive of the 657 postcodes in the TR16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 40 properties: 38 houses, 1 flat and 1 other property.
- Ave. Sale Price
- £377,385
- 10 Year change
- up 44.0%
- Ave. Rental Price
- £1,360pcm
- 10 Year change
- up 69.0%
- Ave. £ per ft²
- £338/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin TR16 4DF
- 3 Shirley Cottages Merritts Hill
2 Bed Mid-century House
- Bozane
4 Bed Period House
- Brea Lea
2 Bed Mid-century House
- Capricorn
5 Bed Modern House
- Cartref
House
Sales Market Trends
The last sale in TR16 4DF sold for £480,000 on 29th August 2025. Since then prices are down an average of 6.0%.
The current average value in the postcode is £377,385.
The TR16 4DF Sales Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £377,385 |
| June 2025 | -0.6% | £392,454 |
| June 2024 | -1.8% | £394,786 |
| June 2023 | 2.5% | £401,863 |
| June 2022 | 15.4% | £392,170 |
| June 2021 | 12.1% | £339,930 |
| June 2020 | 3.6% | £303,216 |
| June 2019 | 3.1% | £292,660 |
| June 2018 | 2.8% | £283,982 |
| June 2017 | 5.4% | £276,158 |
| June 2016 | 3.5% | £262,045 |
| June 2015 | 1% | £253,165 |
| June 2014 | 4.1% | £250,695 |
| June 2013 | -0.7% | £240,854 |
| June 2012 | -0.4% | £242,661 |
| June 2011 | 1.1% | £243,683 |
| June 2010 | 2.2% | £240,965 |
| June 2009 | -10.2% | £235,751 |
| June 2008 | -1.5% | £262,651 |
| June 2007 | 0% | £266,560 |
Rental Market Trends
The current average rental value in the postcode is £1,360.
The TR16 4DF Rental Market has increased by 69.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,360pcm |
| June 2025 | 8.1% | £1,296pcm |
| June 2024 | 5.3% | £1,199pcm |
| June 2023 | 4.6% | £1,139pcm |
| June 2022 | 9.6% | £1,089pcm |
| June 2021 | 13.7% | £994pcm |
| June 2020 | 1.2% | £874pcm |
| June 2019 | 4.5% | £864pcm |
| June 2018 | 2.4% | £827pcm |
| June 2017 | 0.4% | £807pcm |
| June 2016 | 1.6% | £804pcm |
| June 2015 | 2% | £792pcm |
| June 2014 | 2.7% | £776pcm |
| June 2013 | -0.8% | £756pcm |
| June 2012 | 1.3% | £762pcm |
| June 2011 | 2.5% | £752pcm |
| June 2010 | 4.5% | £733pcm |
| June 2009 | -6.6% | £702pcm |
| June 2008 | 4.3% | £752pcm |
| June 2007 | 0% | £721pcm |
Sales History
The last sale was on 29th August 2025 for £480,000 and since then the market in the area has decreased by 6.0%. The postcode has had a total of 47 sales since 1995.
TR16 4DF has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£480,000 | 5 Bed HousePear Tree Cottage, Merritts Hill, Redruth, TR16 4DFPear Tree Cottage, Merritts Hill, Redruth, TR16 4DF
- Sold Jun 2023£735,000 | 5 Bed HouseLamorran, Merritts Hill, Redruth, TR16 4DFLamorran, Merritts Hill, Redruth, TR16 4DF
- Sold May 2023£90,000 | 1 Bed Flat2 Shirley Cottages, Merritts Hill, Redruth, TR16 4DF2 Shirley Cottages, Merritts Hill, Redruth, TR16 4DF
- Sold Apr 2023£399,950 | 3 Bed HouseTresco, Merritts Hill, Redruth, TR16 4DFTresco, Merritts Hill, Redruth, TR16 4DF
- Sold Sep 2022£631,500 | 5 Bed HouseMeadowside, Merritts Hill, Redruth, TR16 4DFMeadowside, Merritts Hill, Redruth, TR16 4DF
Nearby Postcodes
TR16 4DF is the 628th largest and the 375th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 4FS, Pendeen Park, Illogan, Redruth, TR16TR16 4FS7 Addresses|38 m away
- TR16 4GA, Park Leven, Illogan, Redruth, TR16TR16 4GA19 Addresses|93 m away
- TR16 4DG, Tregullan, Illogan, Redruth, TR16TR16 4DG18 Addresses|164 m away
- TR16 4FH, Merritts Hill, Illogan, Redruth, TR16TR16 4FH10 Addresses|191 m away
- TR16 4DQ, Richards Lane, Paynters Lane, Redruth, TR16TR16 4DQ29 Addresses|212 m away
Property Types
- 8 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 7 modern houses built after 1980
- 11 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 10 other addresses of unknown type
- period house (8)
- period flat (2)
- modern house (7)
- mid-century house (11)
- house (2)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (1)
- E (7)
- B (2)
- F (1)
- C (5)
- G (0)
- D (11)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Jun 2023£735,000 | 5 Bed HouseLamorran, Merritts Hill, Redruth, TR16 4DFLamorran, Merritts Hill, Redruth, TR16 4DF
- Sold Sep 2022£631,500 | 5 Bed HouseMeadowside, Merritts Hill, Redruth, TR16 4DFMeadowside, Merritts Hill, Redruth, TR16 4DF
- Sold Jun 2023£595,000 | 5 Bed House1 Lowarn Pras, Merritts Hill, Redruth, TR16 4HD1 Lowarn Pras, Merritts Hill, Redruth, TR16 4HD
Schools Nearby
- Treloweth Community Primary School900 m away
- Illogan School1.3 km away
- Pennoweth Primary School2.5 km away
- Pool Academy1.5 km away
- Redruth School1.7 km away
- Camborne Science and International Academy4.7 km away
More reading links
Public Transport Nearby
The closest station to TR16 4DF is Redruth station, which is 2.6 kilometres away.
- Redruth|2.6 km away
- Camborne|4.2 km away
- Perranwell|10.9 km away
- Hayle|12.8 km away
