Morrab Place - TR18 4DQ
Key Postcode Insights
TR18 4DQ is a residential postcode situated on Morrab Place, Penzance, TR18 with 6 addresses.
It ranks as the 260th largest and 792nd 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 6 properties: 5 houses and 1 flat.
- Ave. Sale Price
- £543,860
- 10 Year change
- up 41.0%
- Ave. Rental Price
- £1,341pcm
- 10 Year change
- up 68.0%
- Ave. £ per ft²
- £350/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Key Postcode Insights
TR18 4DQ is a residential postcode situated on Morrab Place, Penzance, TR18 with 6 addresses.
It ranks as the 260th largest and 792nd 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 6 properties: 5 houses and 1 flat.
- Ave. Sale Price
- £543,860
- 10 Year change
- up 41.0%
- Ave. Rental Price
- £1,341pcm
- 10 Year change
- up 68.0%
- Ave. £ per ft²
- £350/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Explore Propertiesin TR18 4DQ
- Morrab Villa
Building | 2 Flats
- 18 Morrab Place
Unknown
- 19 Morrab Place
Unknown
- 20 Morrab Place
4 Bed Period House
- 21 Morrab Place
4 Bed Period House
Sales Market Trends
The last sale in TR18 4DQ sold for £699,950 on 9th May 2018. Since then prices are up an average of 31.7%.
The current average value in the postcode is £543,860.
The TR18 4DQ Sales Market has increased by 41.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £543,860 |
| June 2025 | -2.4% | £564,133 |
| June 2024 | 2.3% | £578,086 |
| June 2023 | -2.4% | £565,115 |
| June 2022 | 15.3% | £579,160 |
| June 2021 | 17.4% | £502,103 |
| June 2020 | 1% | £427,606 |
| June 2019 | 0.7% | £423,572 |
| June 2018 | 4% | £420,634 |
| June 2017 | 4.9% | £404,418 |
| June 2016 | 4.1% | £385,597 |
| June 2015 | 1.2% | £370,248 |
| June 2014 | 1.2% | £365,858 |
| June 2013 | 1.5% | £361,412 |
| June 2012 | -0.5% | £355,910 |
| June 2011 | -0.5% | £357,715 |
| June 2010 | 5% | £359,588 |
| June 2009 | -10.1% | £342,366 |
| June 2008 | -3.5% | £380,762 |
| June 2007 | 0% | £394,383 |
Rental Market Trends
The current average rental value in the postcode is £1,341.
The TR18 4DQ Rental Market has increased by 68.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,341pcm |
| June 2025 | 7.9% | £1,285pcm |
| June 2024 | 5.6% | £1,191pcm |
| June 2023 | 4.5% | £1,128pcm |
| June 2022 | 9.4% | £1,079pcm |
| June 2021 | 13.9% | £987pcm |
| June 2020 | 1.2% | £866pcm |
| June 2019 | 4.6% | £856pcm |
| June 2018 | 2.2% | £818pcm |
| June 2017 | 0.3% | £801pcm |
| June 2016 | 1.7% | £798pcm |
| June 2015 | 1.7% | £785pcm |
| June 2014 | 2.5% | £772pcm |
| June 2013 | -1% | £753pcm |
| June 2012 | 1% | £761pcm |
| June 2011 | 2.8% | £753pcm |
| June 2010 | 3.8% | £733pcm |
| June 2009 | -5.8% | £706pcm |
| June 2008 | 4.4% | £749pcm |
| June 2007 | 0% | £718pcm |
Sales History
The last sale was on 9th May 2018 for £699,950 and since then the market in the area has increased by 31.7%. The postcode has had a total of 7 sales since 1995.
TR18 4DQ has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2018£699,950 | 5 Bed HouseMorrab Villa, Morrab Place, Penzance, TR18 4DQMorrab Villa, Morrab Place, Penzance, TR18 4DQ
- Sold Dec 2011£340,000 | 4 Bed House21, Morrab Place, Penzance, TR18 4DQ21, 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 Sep 2006£345,000 | 4 Bed House19, Morrab Place, Penzance, TR18 4DQ19, Morrab Place, Penzance, TR18 4DQ
- Sold Jun 2002£175,000 | 4 Bed House21, Morrab Place, Penzance, TR18 4DQ21, Morrab Place, Penzance, TR18 4DQ
Nearby Postcodes
TR18 4DQ is the 260th largest and the 792nd most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4DH, Morrab Terrace, Penzance, TR18TR18 4DH10 Addresses|41 m away
- TR18 4DA, Morrab Gardens, Penzance, TR18TR18 4DA3 Addresses|44 m away
- TR18 4DG, Morrab Place, Penzance, TR18TR18 4DG26 Addresses|47 m away
- TR18 4EL, Morrab Road, Penzance, TR18TR18 4EL15 Addresses|65 m away
- TR18 4DJ, South Parade, Penzance, TR18TR18 4DJ5 Addresses|71 m away
Property Types
- 2 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 2 other addresses of unknown type
- period house (2)
- period flat (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (2)
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, Penzance300 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 4DQ 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
