Merritts Hill - TR16 4FH
Key Postcode Insights
TR16 4FH is a residential postcode situated on Merritts Hill, Illogan, Redruth, TR16 with 10 addresses.
It ranks as the 368th largest and 602nd 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 10 properties: 10 houses.
- Ave. Sale Price
- £527,445
- 10 Year change
- up 47.0%
- Ave. Rental Price
- £1,324pcm
- 10 Year change
- up 72.5%
- Ave. £ per ft²
- £385/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Key Postcode Insights
TR16 4FH is a residential postcode situated on Merritts Hill, Illogan, Redruth, TR16 with 10 addresses.
It ranks as the 368th largest and 602nd 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 10 properties: 10 houses.
- Ave. Sale Price
- £527,445
- 10 Year change
- up 47.0%
- Ave. Rental Price
- £1,324pcm
- 10 Year change
- up 72.5%
- Ave. £ per ft²
- £385/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Explore Propertiesin TR16 4FH
- 1 Kel Skiber Merritts Hill
4 Bed Modern House
- 11 Kel Skiber Merritts Hill
3 Bed Modern House
- 2 Kel Skiber Merritts Hill
4 Bed Modern House
- 3 Kel Skiber Merritts Hill
4 Bed Modern House
- 4 Kel Skiber Merritts Hill
4 Bed Modern House
Sales Market Trends
The last sale in TR16 4FH sold for £575,000 on 7th August 2025. Since then prices are down an average of 3.9%.
The current average value in the postcode is £527,445.
The TR16 4FH Sales Market has increased by 47.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £527,445 |
| June 2025 | -0.3% | £549,018 |
| June 2024 | -1.8% | £550,440 |
| June 2023 | 2.5% | £560,391 |
| June 2022 | 15.7% | £546,560 |
| June 2021 | 12.7% | £472,366 |
| June 2020 | 3.5% | £419,162 |
| June 2019 | 3.5% | £404,907 |
| June 2018 | 3.2% | £391,130 |
| June 2017 | 5.6% | £378,836 |
| June 2016 | 3.9% | £358,836 |
| June 2015 | 1.1% | £345,212 |
| June 2014 | 4.3% | £341,379 |
| June 2013 | -0.8% | £327,269 |
| June 2012 | -0.2% | £329,772 |
| June 2011 | 1.5% | £330,459 |
| June 2010 | 2.8% | £325,439 |
| June 2009 | -10.2% | £316,623 |
| June 2008 | -1.5% | £352,399 |
| June 2007 | 0% | £357,638 |
Rental Market Trends
The current average rental value in the postcode is £1,324.
The TR16 4FH Rental Market has increased by 72.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,324pcm |
| June 2025 | 8.4% | £1,264pcm |
| June 2024 | 5.3% | £1,165pcm |
| June 2023 | 4.7% | £1,107pcm |
| June 2022 | 9.9% | £1,057pcm |
| June 2021 | 14.3% | £962pcm |
| June 2020 | 1.1% | £842pcm |
| June 2019 | 4.9% | £833pcm |
| June 2018 | 2.8% | £794pcm |
| June 2017 | 0.5% | £772pcm |
| June 2016 | 2% | £768pcm |
| June 2015 | 2.1% | £752pcm |
| June 2014 | 2.9% | £737pcm |
| June 2013 | -0.8% | £716pcm |
| June 2012 | 1.5% | £721pcm |
| June 2011 | 3% | £711pcm |
| June 2010 | 5.1% | £690pcm |
| June 2009 | -6.5% | £657pcm |
| June 2008 | 4.3% | £703pcm |
| June 2007 | 0% | £674pcm |
Sales History
The last sale was on 7th August 2025 for £575,000 and since then the market in the area has decreased by 3.9%. The postcode has had a total of 9 sales since 1995.
TR16 4FH has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£575,000 | 3 Bed House11 Kel Skiber, Merritts Hill, Redruth, TR16 4FH11 Kel Skiber, Merritts Hill, Redruth, TR16 4FH
- Sold Nov 2024£585,000 | 4 Bed House9 Kel Skiber, Merritts Hill, Redruth, TR16 4FH9 Kel Skiber, Merritts Hill, Redruth, TR16 4FH
- Sold Nov 2020£439,470 | 4 Bed House6 Kel Skiber, Merritts Hill, Redruth, TR16 4FH6 Kel Skiber, Merritts Hill, Redruth, TR16 4FH
- Sold Jul 2020£395,000 | 4 Bed House4 Kel Skiber, Merritts Hill, Redruth, TR16 4FH4 Kel Skiber, Merritts Hill, Redruth, TR16 4FH
- Sold Feb 2020£375,000 | 4 Bed House1 Kel Skiber, Merritts Hill, Redruth, TR16 4FH1 Kel Skiber, Merritts Hill, Redruth, TR16 4FH
Nearby Postcodes
TR16 4FH is the 368th largest and the 602nd most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 4FS, Pendeen Park, Illogan, Redruth, TR16TR16 4FS7 Addresses|181 m away
- TR16 4DF, Merritts Hill, Illogan, Redruth, TR16TR16 4DF39 Addresses|191 m away
- TR16 4DG, Tregullan, Illogan, Redruth, TR16TR16 4DG18 Addresses|210 m away
- TR16 4GA, Park Leven, Illogan, Redruth, TR16TR16 4GA19 Addresses|223 m away
- TR16 4DN, Kestral Way, Paynters Lane, Redruth, TR16TR16 4DN6 Addresses|380 m away
Property Types
- 9 modern houses built after 1980
- 1 other address of unknown type
- modern house (9)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is B.
- A (3)
- E (0)
- B (6)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (1)
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 School700 m away
- Illogan School1.5 km away
- Trewirgie Infants' School2.5 km away
- Pool Academy1.3 km away
- Redruth School1.7 km away
- Camborne Science and International Academy4.5 km away
More reading links
Public Transport Nearby
The closest station to TR16 4FH is Redruth station, which is 2.6 kilometres away.
- Redruth|2.6 km away
- Camborne|4.1 km away
- Perranwell|10.9 km away
- Hayle|12.7 km away
