Morrab Place - TR18 4DG
Key Postcode Insights
TR18 4DG is a residential postcode situated on Morrab Place, Penzance, TR18 with 26 addresses.
It ranks as the 710th largest and 618th 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 26 properties: 16 houses and 10 flats.
- Ave. Sale Price
- £299,954
- 10 Year change
- up 40.3%
- Ave. Rental Price
- £1,101pcm
- 10 Year change
- up 67.1%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
TR18 4DG is a residential postcode situated on Morrab Place, Penzance, TR18 with 26 addresses.
It ranks as the 710th largest and 618th 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 26 properties: 16 houses and 10 flats.
- Ave. Sale Price
- £299,954
- 10 Year change
- up 40.3%
- Ave. Rental Price
- £1,101pcm
- 10 Year change
- up 67.1%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin TR18 4DG
- 1 Morrab Place
3 Bed Period House
- 2 Morrab Place
3 Bed Period House
- 3 Morrab Place
4 Bed House
- 4 Morrab Place
4 Bed Period House
- 5 Morrab Place
5 Bed Period House
Sales Market Trends
The last sale in TR18 4DG sold for £395,000 on 31st January 2022. Since then prices are up an average of 3.4%.
The current average value in the postcode is £299,954.
The TR18 4DG Sales Market has increased by 40.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £299,954 |
| June 2025 | -2% | £309,464 |
| June 2024 | 2% | £315,821 |
| June 2023 | -2.4% | £309,498 |
| June 2022 | 15.2% | £317,200 |
| June 2021 | 16.7% | £275,244 |
| June 2020 | 1.1% | £235,840 |
| June 2019 | 0.4% | £233,340 |
| June 2018 | 4% | £232,363 |
| June 2017 | 4.5% | £223,407 |
| June 2016 | 3.9% | £213,818 |
| June 2015 | 1.3% | £205,850 |
| June 2014 | 1.3% | £203,226 |
| June 2013 | 1.6% | £200,693 |
| June 2012 | -0.5% | £197,576 |
| June 2011 | -1.1% | £198,569 |
| June 2010 | 4.8% | £200,798 |
| June 2009 | -11% | £191,535 |
| June 2008 | -3.2% | £215,220 |
| June 2007 | 0% | £222,361 |
Rental Market Trends
The current average rental value in the postcode is £1,101.
The TR18 4DG Rental Market has increased by 67.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,101pcm |
| June 2025 | 8.3% | £1,049pcm |
| June 2024 | 5.3% | £969pcm |
| June 2023 | 4.5% | £920pcm |
| June 2022 | 9.3% | £880pcm |
| June 2021 | 13.2% | £805pcm |
| June 2020 | 1.4% | £711pcm |
| June 2019 | 4.3% | £702pcm |
| June 2018 | 2.2% | £673pcm |
| June 2017 | -0.1% | £659pcm |
| June 2016 | 1.5% | £659pcm |
| June 2015 | 1.7% | £649pcm |
| June 2014 | 2.5% | £638pcm |
| June 2013 | -1% | £623pcm |
| June 2012 | 1.1% | £629pcm |
| June 2011 | 2.2% | £622pcm |
| June 2010 | 3.6% | £609pcm |
| June 2009 | -6.7% | £588pcm |
| June 2008 | 4.6% | £630pcm |
| June 2007 | 0% | £602pcm |
Sales History
The last sale was on 31st January 2022 for £395,000 and since then the market in the area has increased by 3.4%. The postcode has had a total of 28 sales since 1995.
TR18 4DG has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2022£395,000 | 4 Bed House4, Morrab Place, Penzance, TR18 4DG4, Morrab Place, Penzance, TR18 4DG
- Sold Jun 2021£335,000 | 3 Bed House11, Morrab Place, Penzance, TR18 4DG11, Morrab Place, Penzance, TR18 4DG
- Sold May 2019£350,000 | 4 Bed House4, Morrab Place, Penzance, TR18 4DG4, Morrab Place, Penzance, TR18 4DG
- Sold Oct 2016£375,000 | 4 Bed House3, Morrab Place, Penzance, TR18 4DG3, Morrab Place, Penzance, TR18 4DG
- Sold Jun 2014£300,000 | 4 Bed House10, Morrab Place, Penzance, TR18 4DG10, Morrab Place, Penzance, TR18 4DG
Nearby Postcodes
TR18 4DG is the 710th largest and the 618th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4DJ, South Parade, Penzance, TR18TR18 4DJ5 Addresses|43 m away
- TR18 4EL, Morrab Road, Penzance, TR18TR18 4EL15 Addresses|44 m away
- TR18 4DQ, Morrab Place, Penzance, TR18TR18 4DQ6 Addresses|47 m away
- TR18 4DH, Morrab Terrace, Penzance, TR18TR18 4DH10 Addresses|53 m away
- TR18 4DD, Victoria Place, Penzance, TR18TR18 4DD3 Addresses|58 m away
Property Types
- 8 period houses built between 1800 and 1911
- 10 period flats built between 1800 and 1911
- 2 houses of an unknown age
- 6 other addresses of unknown type
- period house (8)
- period flat (10)
- house (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is E.
- A (0)
- E (11)
- B (0)
- F (0)
- C (1)
- G (0)
- D (4)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold May 2018£699,950 | 5 Bed HouseMorrab Villa, Morrab Place, Penzance, TR18 4DQMorrab Villa, Morrab Place, Penzance, TR18 4DQ
- Sold Sep 2009£470,000 | 5 Bed HouseMorrab Villa, Morrab Place, Penzance, TR18 4DQMorrab Villa, Morrab Place, Penzance, TR18 4DQ
- Sold Jan 2022£395,000 | 4 Bed House4, Morrab Place, Penzance, TR18 4DG4, Morrab Place, Penzance, TR18 4DG
Schools Nearby
- St Mary's CofE Primary School, Penzance400 m away
- Alverton Primary School800 m away
- Pensans Community Primary School1.0 km away
- Humphry Davy School900 m away
- Mounts Bay Academy1.8 km away
- St Ives School10.3 km away
More reading links
Public Transport Nearby
The closest station to TR18 4DG is Penzance station, which is 700 metres away.
- Penzance|700 m away
- St Erth|9.0 km away
- Lelant Saltings|9.8 km away
- Carbis Bay|10.4 km away
