Morrab Road - TR18 4EP
Key Postcode Insights
TR18 4EP is a residential postcode situated on Morrab Road, Penzance, TR18 with 4 addresses.
It ranks as the 164th largest and 706th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £450,647
- 10 Year change
- up 45.7%
- Ave. Rental Price
- £1,778pcm
- 10 Year change
- up 73.6%
- Ave. £ per ft²
- £168/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
TR18 4EP is a residential postcode situated on Morrab Road, Penzance, TR18 with 4 addresses.
It ranks as the 164th largest and 706th most expensive of the 841 postcodes in the TR18 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £450,647
- 10 Year change
- up 45.7%
- Ave. Rental Price
- £1,778pcm
- 10 Year change
- up 73.6%
- Ave. £ per ft²
- £168/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin TR18 4EP
- 58 Morrab Road
5 Bed Period House
- 59 Morrab Road
Unknown
- 60 Morrab Road
5 Bed Period House
Sales Market Trends
The last sale in TR18 4EP sold for £265,000 on 6th May 2015. Since then prices are up an average of 53.4%.
The current average value in the postcode is £450,647.
The TR18 4EP Sales Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £450,647 |
| June 2025 | -3.1% | £470,347 |
| June 2024 | 2.5% | £485,460 |
| June 2023 | -2.4% | £473,693 |
| June 2022 | 16.3% | £485,189 |
| June 2021 | 18.9% | £417,142 |
| June 2020 | 0.7% | £350,754 |
| June 2019 | 1.3% | £348,369 |
| June 2018 | 4.7% | £343,909 |
| June 2017 | 6.2% | £328,457 |
| June 2016 | 4.7% | £309,254 |
| June 2015 | 1.3% | £295,495 |
| June 2014 | 1.2% | £291,685 |
| June 2013 | 1.9% | £288,153 |
| June 2012 | -0.3% | £282,658 |
| June 2011 | 0.7% | £283,650 |
| June 2010 | 6.3% | £281,646 |
| June 2009 | -8% | £265,038 |
| June 2008 | -4.4% | £288,131 |
| June 2007 | 0% | £301,368 |
Rental Market Trends
The current average rental value in the postcode is £1,778.
The TR18 4EP Rental Market has increased by 73.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,778pcm |
| June 2025 | 7.1% | £1,714pcm |
| June 2024 | 5.8% | £1,601pcm |
| June 2023 | 4.6% | £1,513pcm |
| June 2022 | 10.3% | £1,447pcm |
| June 2021 | 15.3% | £1,312pcm |
| June 2020 | 1% | £1,137pcm |
| June 2019 | 5.2% | £1,126pcm |
| June 2018 | 2.9% | £1,071pcm |
| June 2017 | 1.6% | £1,041pcm |
| June 2016 | 2.2% | £1,025pcm |
| June 2015 | 1.8% | £1,002pcm |
| June 2014 | 2.5% | £985pcm |
| June 2013 | -0.6% | £961pcm |
| June 2012 | 1.2% | £967pcm |
| June 2011 | 4% | £955pcm |
| June 2010 | 5% | £918pcm |
| June 2009 | -3.6% | £874pcm |
| June 2008 | 3.4% | £907pcm |
| June 2007 | 0% | £877pcm |
Sales History
The last sale was on 6th May 2015 for £265,000 and since then the market in the area has increased by 53.4%. The postcode has had a total of 2 sales since 1995.
TR18 4EP has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
TR18 4EP is the 164th largest and the 706th most expensive postcode out of the 841 postcodes in the TR18 area.
- TR18 4EL, Morrab Road, Penzance, TR18TR18 4EL15 Addresses|53 m away
- TR18 4HE, Penlee Park, Penzance, TR18TR18 4HE1 Addresses|56 m away
- TR18 4DD, Victoria Place, Penzance, TR18TR18 4DD3 Addresses|61 m away
- TR18 4DG, Morrab Place, Penzance, TR18TR18 4DG26 Addresses|77 m away
- TR18 4SP, Park Corner, Penzance, TR18TR18 4SP17 Addresses|86 m away
Property Types
- 2 period houses built between 1800 and 1911
- 2 other addresses of unknown type
- period house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (2)
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, Penzance300 m away
- Alverton Primary School700 m away
- Pensans Community Primary School900 m away
- Humphry Davy School900 m away
- Mounts Bay Academy1.7 km away
- St Ives School10.3 km away
More reading links
Public Transport Nearby
The closest station to TR18 4EP 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
