Merritts Hill - TR16 4HD
Key Postcode Insights
TR16 4HD is a residential postcode situated on Merritts Hill, Illogan, Redruth, TR16 with 29 addresses.
It ranks as the 591st largest and 264th most expensive of the 657 postcodes in the TR16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 29 properties: 28 houses and 1 other property.
- Ave. Sale Price
- £321,390
- 10 Year change
- up 46.8%
- Ave. Rental Price
- £1,364pcm
- 10 Year change
- up 72.4%
- Ave. £ per ft²
- £284/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
TR16 4HD is a residential postcode situated on Merritts Hill, Illogan, Redruth, TR16 with 29 addresses.
It ranks as the 591st largest and 264th most expensive of the 657 postcodes in the TR16 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 29 properties: 28 houses and 1 other property.
- Ave. Sale Price
- £321,390
- 10 Year change
- up 46.8%
- Ave. Rental Price
- £1,364pcm
- 10 Year change
- up 72.4%
- Ave. £ per ft²
- £284/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin TR16 4HD
- 1 Lowarn Pras Merritts Hill
5 Bed Modern House
- 1 The Cottages Merritts Hill
3 Bed Period House
- 2 Lowarn Pras Merritts Hill
5 Bed Modern House
- Chestnut Cottage
4 Bed Period House
- Chy An Tal
5 Bed Mid-century House
Sales Market Trends
The last sale in TR16 4HD sold for £170,000 on 14th May 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £321,390.
The TR16 4HD Sales Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £321,390 |
| June 2025 | -0.5% | £334,747 |
| June 2024 | -1.8% | £336,445 |
| June 2023 | 2.5% | £342,648 |
| June 2022 | 15.9% | £334,228 |
| June 2021 | 12.7% | £288,389 |
| June 2020 | 3.5% | £255,921 |
| June 2019 | 3.3% | £247,273 |
| June 2018 | 3.3% | £239,272 |
| June 2017 | 5.9% | £231,686 |
| June 2016 | 3.7% | £218,865 |
| June 2015 | 1.1% | £210,964 |
| June 2014 | 4.2% | £208,707 |
| June 2013 | -0.6% | £200,345 |
| June 2012 | -0.3% | £201,527 |
| June 2011 | 1.5% | £202,060 |
| June 2010 | 2.8% | £199,060 |
| June 2009 | -9.9% | £193,612 |
| June 2008 | -1.7% | £214,902 |
| June 2007 | 0% | £218,519 |
Rental Market Trends
The current average rental value in the postcode is £1,364.
The TR16 4HD Rental Market has increased by 72.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,364pcm |
| June 2025 | 8.2% | £1,302pcm |
| June 2024 | 5.2% | £1,204pcm |
| June 2023 | 4.7% | £1,144pcm |
| June 2022 | 10.1% | £1,093pcm |
| June 2021 | 14.3% | £993pcm |
| June 2020 | 1.1% | £869pcm |
| June 2019 | 4.8% | £860pcm |
| June 2018 | 2.9% | £821pcm |
| June 2017 | 0.8% | £798pcm |
| June 2016 | 1.8% | £791pcm |
| June 2015 | 2.1% | £777pcm |
| June 2014 | 2.8% | £761pcm |
| June 2013 | -0.6% | £741pcm |
| June 2012 | 1.4% | £745pcm |
| June 2011 | 2.9% | £735pcm |
| June 2010 | 5.1% | £714pcm |
| June 2009 | -6.3% | £679pcm |
| June 2008 | 4.1% | £724pcm |
| June 2007 | 0% | £696pcm |
Sales History
The last sale was on 14th May 2026 for £170,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 39 sales since 1995.
TR16 4HD has seen 8 sales in the last three years and 3 sales in the last twelve months.
- Sold May 2026£170,000 | 2 Bed House3, Merritts Hill, Redruth, TR16 4HD3, Merritts Hill, Redruth, TR16 4HD
- Sold Jan 2026£205,000 | 3 Bed House17, Merritts Hill, Redruth, TR16 4HD17, Merritts Hill, Redruth, TR16 4HD
- Sold Sep 2025£317,500 | 3 Bed HouseMelbourne, Merritts Hill, Redruth, TR16 4HDMelbourne, Merritts Hill, Redruth, TR16 4HD
- Sold Jun 2025£200,000 | 3 Bed House2, Merritts Hill, Redruth, TR16 4HD2, Merritts Hill, Redruth, TR16 4HD
- Sold Feb 2024£285,000 | 3 Bed HouseMerritts House, Merritts Hill, Redruth, TR16 4HDMerritts House, Merritts Hill, Redruth, TR16 4HD
Nearby Postcodes
TR16 4HD is the 591st largest and the 264th most expensive postcode out of the 657 postcodes in the TR16 area.
- TR16 4FL, Grisdale Gardens, Illogan, Redruth, TR16TR16 4FL3 Addresses|53 m away
- TR16 4DX, Trevelthan Road, Redruth, TR16TR16 4DX49 Addresses|112 m away
- TR16 4AZ, Merritts Hill, Illogan, Redruth, TR16TR16 4AZ4 Addresses|149 m away
- TR16 4HA, Richards Lane, Harris Mill, Redruth, TR16TR16 4HA12 Addresses|199 m away
- TR16 4JL, Beacon View Park, Illogan, Redruth, TR16TR16 4JL14 Addresses|202 m away
Property Types
- 10 period houses built between 1800 and 1911
- 3 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 10 other addresses of unknown type
- period house (10)
- modern house (3)
- mid-century house (6)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (2)
- F (3)
- C (1)
- G (1)
- D (8)
- No EPC (10)
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 School1.1 km away
- Illogan School1.2 km away
- Pennoweth Primary School2.4 km away
- Redruth School1.7 km away
- Pool Academy1.8 km away
- Camborne Science and International Academy5.0 km away
More reading links
Public Transport Nearby
The closest station to TR16 4HD is Redruth station, which is 2.5 kilometres away.
- Redruth|2.5 km away
- Camborne|4.5 km away
- Perranwell|10.8 km away
- Hayle|13.1 km away
