Morrab Road - TR18 2QT
Key Postcode Insights
TR18 2QT is a residential postcode situated on Morrab Road, Penzance, TR18 with 3 addresses.
It ranks as the 87th largest and 117th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £266,139
- 10 Year change
- up 32.0%
- Ave. Rental Price
- £965pcm
- 10 Year change
- up 57.2%
- Ave. £ per ft²
- £265/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
TR18 2QT is a residential postcode situated on Morrab Road, Penzance, TR18 with 3 addresses.
It ranks as the 87th largest and 117th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 flats.
- Ave. Sale Price
- £266,139
- 10 Year change
- up 32.0%
- Ave. Rental Price
- £965pcm
- 10 Year change
- up 57.2%
- Ave. £ per ft²
- £265/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin TR18 2QT
Sales Market Trends
The last sale in TR18 2QT sold for £184,250 on 14th December 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £266,139.
The TR18 2QT Sales Market has increased by 32.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.3% | £266,139 |
| June 2025 | -2.4% | £272,493 |
| June 2024 | 2.2% | £279,201 |
| June 2023 | -2.4% | £273,305 |
| June 2022 | 13.3% | £279,976 |
| June 2021 | 14% | £247,099 |
| June 2020 | 1.7% | £216,683 |
| June 2019 | -0.3% | £212,993 |
| June 2018 | 2.9% | £213,629 |
| June 2017 | 3% | £207,693 |
| June 2016 | 3.2% | £201,612 |
| June 2015 | 1.3% | £195,375 |
| June 2014 | 1.6% | £192,919 |
| June 2013 | 0.8% | £189,883 |
| June 2012 | -0.5% | £188,290 |
| June 2011 | -2.2% | £189,244 |
| June 2010 | 3.1% | £193,547 |
| June 2009 | -11.6% | £187,671 |
| June 2008 | -2.9% | £212,190 |
| June 2007 | 0% | £218,582 |
Rental Market Trends
The current average rental value in the postcode is £965.
The TR18 2QT Rental Market has increased by 57.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.8% | £965pcm |
| June 2025 | 7.9% | £912pcm |
| June 2024 | 5.4% | £846pcm |
| June 2023 | 4.6% | £802pcm |
| June 2022 | 7.5% | £767pcm |
| June 2021 | 10.6% | £714pcm |
| June 2020 | 2% | £645pcm |
| June 2019 | 3.5% | £633pcm |
| June 2018 | 1.1% | £611pcm |
| June 2017 | -1.5% | £605pcm |
| June 2016 | 0.8% | £614pcm |
| June 2015 | 1.7% | £609pcm |
| June 2014 | 2.8% | £598pcm |
| June 2013 | -1.7% | £582pcm |
| June 2012 | 1% | £592pcm |
| June 2011 | 1% | £586pcm |
| June 2010 | 1.9% | £580pcm |
| June 2009 | -7.3% | £569pcm |
| June 2008 | 5% | £614pcm |
| June 2007 | 0% | £585pcm |
Sales History
The last sale was on 14th December 2022 for £184,250 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
TR18 2QT has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR18 2QT is the 87th largest and the 117th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 2QG, Buriton Row, Penzance, TR18TR18 2QG2 Addresses|17 m away
- TR18 2QU, Stewarts Buildings, Penzance, TR18TR18 2QU3 Addresses|25 m away
- TR18 2QJ, Morrab Road, Penzance, TR18TR18 2QJ1 Addresses|33 m away
- TR18 4SH, North Parade, Penzance, TR18TR18 4SH19 Addresses|34 m away
- TR18 4SN, North Parade, Penzance, TR18TR18 4SN11 Addresses|45 m away
Property Types
- 2 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (2)
- Unknown (1)
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 (1)
Top 3 Most Expensive Sales
- Sold Oct 2024£625,000 | 4 Bed House29, Morrab Road, Penzance, TR18 4EZ29, Morrab Road, Penzance, TR18 4EZ
- Sold Sep 2022£589,000 | 5 Bed House21, Morrab Road, Penzance, TR18 4EZ21, Morrab Road, Penzance, TR18 4EZ
- Sold Apr 2023£580,000 | 5 Bed House51, Morrab Road, Penzance, TR18 4EX51, Morrab Road, Penzance, TR18 4EX
Schools Nearby
- St Mary's CofE Primary School, Penzance500 m away
- Alverton Primary School800 m away
- Pensans Community Primary School800 m away
- Humphry Davy School800 m away
- Mounts Bay Academy1.7 km away
- St Ives School10.2 km away
More reading links
Public Transport Nearby
The closest station to TR18 2QT is Penzance station, which is 600 metres away.
- Penzance|600 m away
- St Erth|8.9 km away
- Lelant Saltings|9.8 km away
- Carbis Bay|10.3 km away
